Company retires remaining Outstanding Convertible Investments
Malibu, CA, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: "TPET", "Trio" or the "Company"), a California oil and gas company, announced that as of February 13 ,2026, convertible promissory notes with an aggregate principal of $1.2 million (the "Notes") had been fully converted into shares of Trio common stock. The Notes were issued to three institutional investors (the "Investors") in August 2025, in connection with a private placement of convertible debt financing. The shares of common stock issued to the Investors upon their conversions of the Notes were all registered for resale by the Company in a registration statement filed by the Company with the Securities a