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Top Ships Inc (TOPS.OQ)

TOPS.OQ on NASDAQ Stock Exchange Capital Market

1.54USD
25 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Top Ships To Effect 1-For-10 Reverse Stock Split Of Issued Common Shares
Thursday, 22 Mar 2018 06:00pm EDT 

March 22 (Reuters) - Top Ships Inc ::TOP SHIPS ANNOUNCES CHANGE IN ITS CAPITAL RAISING CORPORATE STRATEGY AND OTHER CORPORATE DEVELOPMENTS.TOP SHIPS INC - DETERMINED TO EFFECT A 1-FOR-10 REVERSE STOCK SPLIT OF COMPANY'S ISSUED COMMON SHARES.  Full Article

Top Ships Says On Jan 5, Entered Into Amendment To Note Purchase Agreement Dated Dec 14, 2017 With Crede Capital Group
Monday, 8 Jan 2018 09:36am EST 

Jan 8 (Reuters) - Top Ships Inc ::TOP SHIPS SAYS ON JAN 5, ENTERED INTO AMENDMENT TO NOTE PURCHASE AGREEMENT DATED DEC 14, 2017 WITH CREDE CAPITAL GROUP LLC - SEC FILIING.TOP SHIPS-PURSUANT TO AMENDMENT TO ISSUE UNSECURED PROMISSORY NOTE OF $5.4 MILLION WITH REVOLVING OPTION FOR 1 ADDITIONAL $4.6 MILLION NOTE TO CREDE.  Full Article

Top Ships Inc Announces Extension Of Time Charters For Four Vessels
Wednesday, 3 Jan 2018 04:30pm EST 

Jan 3 (Reuters) - Top Ships Inc ::TOP SHIPS INC ANNOUNCES EXTENSION OF TIME CHARTERS FOR FOUR VESSELS.TOP SHIPS INC - HAS EXTENDED TIME CHARTER AGREEMENTS WITH STENA BULK AB BY 12 MONTHS FOR M/T STENAWECO ENERGY AND M/T STENAWECO ELEGANCE.TOP SHIPS INC - HAS EXTENDED TIME CHARTER AGREEMENTS WITH STENA BULK AB BY 18 MONTHS FOR M/T STENAWECO EVOLUTION AND M/T STENAWECO EXCELLENCE.TOP SHIPS INC - COMPANY EXPECTS A TOTAL GROSS REVENUE BACKLOG ASSOCIATED WITH THE TIME CHARTER EXTENSIONS OF $27.4 MILLION.  Full Article

The Lax Trust Reports 13.8 Pct Stake In Top Ships - SEC Filing
Thursday, 21 Dec 2017 04:57pm EST 

Dec 21 (Reuters) - Top Ships Inc ::THE LAX TRUST REPORTS 13.8 PERCENT STAKE IN TOP SHIPS INC AS ON DECEMBER 20 - SEC FILING.THE LAX TRUST HAD PREVIOUSLY REPORTED 26.2 PERCENT STAKE IN TOP SHIPS INC AS ON NOV 15.  Full Article

Top Ships announces newbuilding vessel with Time Charter to Oil Major
Friday, 24 Nov 2017 05:00pm EST 

Nov 24 (Reuters) - Top Ships Inc :Top Ships Inc. announces Newbuilding Vessel with Time Charter to Oil Major.Top Ships Inc - ‍company paid $3.6 million for outstanding shares and vessel is scheduled for delivery during January 2019​.Top Ships - ‍acquired all shares of PCH77 shipping company limited, a marshall islands company that owns a new building contract for m/t eco california​.Top Ships Inc - co paid $3.6 million for outstanding shares of PCH77 shipping company limited and vessel is scheduled for delivery during January 2019​.  Full Article

Top Ships agrees to enter into a $12.5 million note purchase agreement
Friday, 10 Nov 2017 09:05am EST 

Nov 10 (Reuters) - Top Ships Inc :Says ‍agrees to enter into a $12.5 million note purchase agreement with option for additional $5 million​.Says ‍notes will have a 2-year term​.Says ‍notes to bear interest at 2% per annum for first 90 days, 10% per annum for next 90 days, and 15% per annum for remaining duration of term​.  Full Article

Crede Capital Group reports a 9.97 pct passive stake in Top Ships
Thursday, 9 Nov 2017 12:49pm EST 

Nov 9 (Reuters) - Top Ships Inc ::Crede Capital Group LLC reports a 9.97 pct passive stake in Top Ships Inc <<>> as of Nov 8 - SEC filing.  Full Article

Top Ships enters into a common stock purchase agreement
Wednesday, 8 Nov 2017 09:15am EST 

Nov 8 (Reuters) - Top Ships Inc :Top Ships says on Nov 7, co entered into a common stock purchase agreement for up to $25 million of shares of stock, par value $0.01 - SEC filing‍​.  Full Article

Top Ships says board has determined to effect a 1-for-2 reverse stock split of company's common stock
Thursday, 5 Oct 2017 09:20am EDT 

Oct 5 (Reuters) - Top Ships Inc :Top Ships Inc says board of has determined to effect a 1-for-2 reverse stock split of the company's common stock- SEC filing‍​.  Full Article

Top Ships says on Sept 15 issued unsecured promissory note of $2 mln to Xanthe Holdings - SEC filings
Friday, 15 Sep 2017 09:45am EDT 

Sept 15 (Reuters) - Top Ships Inc :Top Ships says on Sept 15, co issued unsecured promissory note of $2 million with original issue discount of about 1 pct to Xanthe Holdings - SEC filings.  Full Article

BRIEF-TOP Ships Announces Compliance With NASDAQ Minimum Bid Price Requirement

* TOP SHIPS INC. ANNOUNCES COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)