Shareholders will receive instructions from the Company’s exchange agent, American Stock Transfer & Trust Company, LLC, as to how to exchange existing share certificates for new certificates representing the post-reverse split shares. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Announces Pricing of $7.8 Million Common Shares Registered Dir.. TOP Ships Inc. ATHENS, Greece, Aug. 07, 2020 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), announced today that it has determined to effect a … ATHENS, Greece, Aug. 07, 2020 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), announced today that it has determined to effect a 1-for-25 reverse stock split of the Company’s issued common shares. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. The new CUSIP number for the Company’s common stock will be Y8897Y 180. Matters discussed in this press release may constitute “forward-looking statements” within the meaning of the U.S. federal securities laws. Disclaimer | Announces Pricing of $8.0 Million Common Shares Registered Dir.. EVERGREEN MARINE CORPORATION (TAIWAN) LTD. President, Chief Executive Officer & Director, Chief Financial Officer & Executive Director. O/S shares will be reduced from ~995.8M shares to ~39.8M shares. No fractional shares will be issued in connection with the reverse split of the issued and outstanding common stock. Email Print Friendly Share. Announces Pricing of $15.9 Million Common Shares Registered Di.. Top Ships Inc. ATHENS, Greece, Aug. 07, 2020 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), announced today that it has determined to effect a 1-for-25 reverse stock split of the Company’s issued common shares. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). This will reduce the number of outstanding shares of the Company’s common stock from approximately 995.8 million shares to approximately 39.8 million shares. Shareholders shall be paid cash-in-lieu of a fractional shares that occur as a result of the reverse stock split. Ultimately, the move is cosmetic. Fractional shares will not be issued; cash-in-lieu of fractional shares will be paid to shareholders. The Greece-based … Commerce Policy | When the reverse stock split becomes effective, every 25 shares of the Company’s issued and outstanding common stock will be automatically combined into one issued and outstanding share of common stock without any change in the par value per share or the total number of authorized shares. Made In NYC | Announces Pricing of $20.0 Million Common Shares Registered Di.. Top Ships Inc. August 21, 2019 11:00 ET | Source: TOP Ships Inc. ATHENS, Greece, Aug. 21, 2019 (GLOBE NEWSWIRE) -- TOP Ships … When the reverse stock split becomes effective, every 25 shares of the Company’s issued and outstanding common stock will be automatically combined into one issued and outstanding share of common stock without any change in the par value per share or the total number of authorized shares. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect” “pending” and similar expressions identify forward-looking statements. Post reverse stock split being effective, every 25 shares of the issued and outstanding common stock will be automatically combined into one issued and outstanding share of common stock without any change in the par value per share or the total number of authorized shares. The Company’s 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 Company’s Annual Meeting of Shareholders held on May 29, 2020.

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