Top Ships (TOPS) Announces Reverse Stock Split
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TOP Ships Announces Reverse Stock Split
September 28, 2023 8:00 AM EDTATHENS, Greece, Sept. 28, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the Company), announced today that it has determined to effect a 1-for-12 reverse stock split of the Companys issued common shares. The Companys shareholders approved the reverse stock split and granted the Board the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Companys Annual Meeting of Shareholders held on September 5, 2022.
The reverse stock split is expected to take effect, and the Companys common... More
