TOP Ships Inc. Announces Reverse Stock Split
TOP Ships announced a 1-for-10 reverse stock split, effective at the opening of trading on November 6, 2026, with shares continuing to trade on NYSE American under the symbol TOPS. Every 10 issued and outstanding common shares will convert into 1 share, with fractional shares cashed out; ownership percentages, par value, and voting rights are unchanged.
Key figures
- Effective date
- November 6, 2026
- Fleet capacity dwt
- 857000
- Reverse split ratio
- 1:10
AI analysis
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