Top Ships (TOPS) Prices 33.33M Share Registered Direct Offering at $0.18/Sh
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TOP Ships Inc. Announces Pricing of $6.0 Million Common Share Registered Direct Offering
April 15, 2020 8:45 AM EDTATHENS, Greece, April 15, 2020 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the Company) (NASDAQ: TOPS) announced today that it has entered into a placement agency agreement with Maxim Group LLC relating to the sale of the Companys securities (the Placement Agency Agreement). Pursuant to the Placement Agency Agreement, the Company entered into a securities purchase agreement with certain institutional investors in connection with a registered direct offering of an aggregate of 33,333,333 common shares at a public offering price of $0.18 per share (the Registered Offering). The aggregate gross proceeds of the Registered Offering is $6.0 million. The... More
