TOP Ships

Top Ships, Inc. is an international owner and operator of tanker vessels. It focuses on the transportation of crude oil, petroleum products, and bulk liquid chemicals. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.

ATHENS, Greece, Sept. 01, 2021 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has sold to unaffiliated third parties its last non-scrubber fitted vessel, the MR product tanker Nord Valiant. The related financing has been prepaid in full and the net cash proceeds of the sale amount to about $6.9 million, before fees and expenses relating to the sale.

Top Ships Inc. Announces Sale of Its Last Non-Scubber Fitted Tanker

ATHENS, Greece, June 28, 2021 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that the Company's CFO Alexandros Tsirikos has been invited to present at  Future of Shipping Virtual Conference , presented by Maxim Group LLC and hosted by M-Vest, on Tuesday June 29th, 2021.

TOP Ships Inc. to Participate in Future of Shipping Virtual Conference Presented by Maxim Group LLC and Hosted by M-Vest on June 29th, 2021

ATHENS, Greece, May 11, 2021 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it took delivery of the very high specification, scrubber fitted, 157,000 dwt newbuilding Suezmax vessel M/T Eco Malibu constructed at the Hyundai Heavy Industries shipyard in South Korea. The vessel is scheduled to commence by the end of the week its previously announced time charter employment with a major oil trader for three years with two yearly extensions at the charterer's option. The revenue backlog expected to be generated by this fixture, assuming all options are exercised, is about $63.3 million. For 2021 alone, this charter is expected to contribute $7.8 million in revenue.

Top Ships Inc. Announces Delivery of Suezmax M/T Eco Malibu

American Shared Hospital Services

Milestone Scientific

Precipio

Looking for penny stocks to watch in May? Look no further The post 4 Hot Penny Stocks To Watch In May 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

4 Hot Penny Stocks To Watch In May 2021

ATHENS, Greece, April 23, 2021 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it its annual report on Form 20-F for the year ended December 31, 2020 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company's website, www.topships.org, or on the website of the Commission, www.sec.gov.

TOP Ships Inc. Announces Filing of 2020 Annual Report on Form 20-F

EuroDry Ltd

Nordic American Tankers

The shares of several shipping companies are trading higher on Friday amid a spike in overseas shipping stocks. There is no company-specific news.

3 Shipping Stocks Trading Higher Today

Nasdaq

Seanergy Maritime Hlds

Huge sell-offs sometimes point to opportunity, but investors have to be careful.

Is Now Your Chance to Buy the Nasdaq's 3 Worst Performing Stocks of 2020?

ATHENS, Greece, Aug.  20, 2020  (GLOBE NEWSWIRE) -- TOP Ships Inc. (Nasdaq:TOPS) (the “Company” or “TOPS”) announced today that the Company has been advised that a company affiliated with its Chief Executive Officer, Evangelos Pistiolis, has today purchased an aggregate of 100,000 common shares of the Company in the open market.

Top Ships Announces Adoption of Shareholder Friendly Measures and Purchase of Shares by CEO of the Company

Shares of TOP Ships Inc. TOPS, -0.04% bounced 2.7% in active morning trading Monday, off the previous session's record close, after the tanker vessel operator announced a new repurchase program that will allow it to buy back up to 10% of the shares outstanding.

TOP Ships stock bounces off record low after new stock buyback program

ATHENS, Greece, Aug.  17, 2020  (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”) today announced a share repurchase program and fleet update.

Top Ships Announces Share Repurchase Program, Fleet Update and Estimate of Net Asset Value

Chesapeake Energy

Ascena Retail Group

Genius Brands

Just Energy Group

trivago

Washington Prime Group

With the stock market soaring, investors are looking for remaining bargain stocks. However these 7 penny stocks are not worth the hassle.

7 Penny Stocks That Will Struggle to Survive 2020

ATHENS, Greece, July  07, 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 Company’s common shares (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 158,640,000 common shares at a public offering price of $0.10 per share (the “Registered Offering”).  The aggregate gross proceeds of the Registered Offering is $15.9 million. The Registered Offering is expected to close on or about July 9, 2020, subject to the satisfaction of customary closing conditions. 

Top Ships Inc. Announces Pricing of $15.9 Million Common Shares Registered Direct Offering

ATHENS, Greece, June  24, 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 Company’s common shares (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 166,666,667 common shares at a public offering price of $0.12 per share (the “Registered Offering”). The aggregate gross proceeds of the Registered Offering is $20.0 million. The Registered Offering is expected to close on or about June 26, 2020, subject to the satisfaction of customary closing conditions. 

Top Ships Inc. Announces Pricing of $20.0 Million Common Shares Registered Direct Offering

TOP Ships (NASDAQ: TOPS) shares are trading lower on Monday, after the company priced its 60 million share common stock offering at 13 cents per share.

Why TOP Ships Stock Is Trading Lower Today

ATHENS, Greece, June  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 Company’s common shares (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 60,000,000 common shares at a public offering price of $0.13 per share (the “Registered Offering”). The aggregate gross proceeds of the Registered Offering is $7.8 million. The Registered Offering is expected to close on or about June 17, 2020, subject to the satisfaction of customary closing conditions. 

Top Ships Inc. Announces Pricing of $7.8 Million Common Shares Registered Direct Offering

ATHENS, Greece, June  08, 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 Company’s common shares (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 166,666,667 common shares at a public offering price of $0.12 per share (the “Registered Offering”).  The aggregate gross proceeds of the Registered Offering is $20.0 million. The Registered Offering is expected to close on or about June 10, 2020, subject to the satisfaction of customary closing conditions.  The net proceeds of this offering will be used to pay the remaining purchase price of $16.0 million for the 50% interests in two ship-owning companies from a company affiliated with the Company’s Chief Executive Officer, as previously announced on May 29, 2020, and general corporate purposes.

TOP Ships Inc. -  Announces Pricing of $20.0 Million Common Shares Registered Direct Offering

ATHENS, Greece, May  19, 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 Company’s common shares (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 51,700,000 common shares at a public offering price of $0.135 per share (the “Registered Offering”). The aggregate gross proceeds of the Registered Offering is $7.0 million. The Registered Offering is expected to close on or about May 21, 2020, subject to the satisfaction of customary closing conditions.

TOP Ships Inc. Announces Pricing of Additional $7.0 Million Common Shares Registered Direct Offering

Shares of TOP Ships Inc. TOPS, -0.78% plunged 25% in active premarket trading Friday, after the Greece-based operator of tanker ships disclosed that an direct offering of 59.4 million common shares priced at 13.5 cents a share.

TOP Ships' stock sinks on heavy volume after stock offering prices at deep discount

ATHENS, Greece, May  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 Company’s common shares (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 59,400,000 common shares at a public offering price of $0.135 per share (the “Registered Offering”).  The aggregate gross proceeds of the Registered Offering is $8.0 million. The Registered Offering is expected to close on or about May 18, 2020, subject to the satisfaction of customary closing conditions.

TOP Ships Inc. Announces Pricing of $8.0 Million Common Shares Registered Direct Offering

ATHENS, Greece, April  28, 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 Company’s common shares (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 35,000,000 common shares at a public offering price of $0.186 per share (the “Registered Offering”).  The aggregate gross proceeds of the Registered Offering is $6.5 million. The Registered Offering is expected to close on or about April 29, 2020, subject to the satisfaction of customary closing conditions.

TOP Ships Inc. Announces Pricing of $6.5 Million Common Shares Registered Direct Offering

ATHENS, Greece, April  24, 2020  (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has acquired from a company affiliated with the Company’s Chief Executive Officer (the “Seller”) a 50% interest in two vessel owning companies (the “SPCs”) that own two ultra-high specification scrubber-fitted 50,000 dwt eco MR product tankers, M/T Eco Yosemite Park and M/T Eco Joshua Park for $27 million. Both vessels were delivered in March 2020 from Hyundai Mipo shipyard of South Korea.

TOP Ships Inc. Announces Purchase of 50% Interests in Two 2020-Built Scrubber-Fitted Eco MR Product Tankers and Joint Venture With Gunvor Group

ATHENS, Greece, April  23, 2020  (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated April 17, 2020, granting an extension to the grace period for regaining compliance with the minimum $1.00 per share bid price requirement from June 23, 2020 to September 7, 2020. The above extension was granted as part of Nasdaq’s determination to toll the compliance periods for all public companies, not meeting the continued listing requirements, such as the bid price requirement, due to the extraordinary market conditions and unprecedented turmoil in U.S. financial markets.

TOP Ships Inc. Announces Extension of Nasdaq Minimum Bid Price Compliance Period

ATHENS, 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 Company’s 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 Registered Offering is expected to close on or about April 17, 2020, subject to the satisfaction of customary closing conditions.

TOP Ships Inc. Announces Pricing of $6.0 Million Common Share Registered Direct Offering

ATHENS, Greece, April  13, 2020  (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that its annual report on Form 20-F for the year ended December 31, 2019 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, www.topships.org, or on the website of the Commission, www.sec.gov.

TOP Ships Inc. Announces Filing of 2019 Annual Report on Form 20-F

Shares of TOP Ships Inc. TOPS, -51.82% were cut in half on very heavy volume in morning trading Tuesday, after the Greece-based tanker vessel operator announced before the open the pricing of a large stock offering at a substantial discount.

News for TOP Ships Stock (TOPS)