TOP SHIPS INC. (TOPS) Form 6-K — Oct 15, 2026
TOP Ships Inc. entered into an agreement on September 30, 2026 with related party Rubico Inc. to amend the payment terms for Rubico's acquisition of Roman Shark V from the Company. The $3.7 million outstanding balance, originally due September 30, 2026 under the $6.5 million share purchase agreement, has been extended to October 31, 2026 and may be settled in cash or newly-issued Rubico Series G Convertible Preferred Shares at Rubico's election.
Key figures
- Deal Value Usd
- 6500000
- Extended due date
- October 31, 2026
- Original due date
- September 30, 2026
- Outstanding balance
- $3.7 million
- Cash settled to date
- $2.8 million
AI analysis
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