Trio Petroleum Corp said it will carry out a 1-for-9 reverse stock split of its common stock in a proactive effort to protect its NYSE American listing, while keeping its broader strategy focused on building a larger oil and gas business through acquisitions and internally developed drilling prospects. The split is expected to become effective at 4:30 p.m. Eastern Time on Aug. 28, 2026, with post-split trading under the TPET symbol set to begin on Aug. 31 under a new CUSIP, 89669L306. The company said every nine outstanding shares will be consolidated into one share, with cash paid instead of fractional shares, and related adjustments made to stock options, warrants, convertible securities and equity incentive plans. Trio said it is reviewing oil and gas acquisition opportunities in the United States and Canada, particularly producing assets that could add near-term cash flow, while also expanding into new drilling opportunities as competition pushes up valuations for existing production. Chairman and Chief Executive Officer Robin Ross said the reverse split does not change the company’s fundamental strategy and is intended to preserve listing flexibility as Trio seeks long-term growth. The company said it had approximately $22 million in cash as of April 30, 2026 and has since raised about $1.7 million through its at-the-market facility (share sale program).