TOP Ships Inc. announced it has elected not to proceed with its previously announced $10 million public equity offering and has withdrawn the related registration statement filed with the U.S. Securities and Exchange Commission.

The company filed the registration statement on Form F-1 (File No. 333-295332) on April 27, 2026. The Athens-based tanker vessel operator stated it decided to withdraw the registration statement because it determined not to proceed with the offering at this time.

The registration statement was never declared effective by the SEC, and no securities were sold in connection with the proposed offering, according to the company's announcement.

TOP Ships operates modern, fuel-efficient tanker vessels that transport crude oil, petroleum products and bulk liquid chemicals. The company describes itself as an international owner and operator of ocean-going vessels focusing on eco-friendly tanker operations.