TOP Ships Inc. Announces Pricing of $6.5 Million Common Shares Registered Direct Offering
TOP Ships, Inc. (TOPS)
US:NASDAQ Investor Relations:
topships.org/investors-relations
Company Research
Source: GlobeNewswire
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. Maxim Group LLC is the sole placement agent in connection with the offering. The common shares are being offered pursuant to a shelf registration statement on Form F-3 (File No. 333-234281) previously file
Show less
Read more
Impact Snapshot
Event Time:
TOPS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TOPS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TOPS alerts
High impacting TOP Ships, Inc. news events
Weekly update
A roundup of the hottest topics
TOPS
News
- Top Ships Inc. (NASDAQ: TOPS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Top Ships Inc. (NASDAQ: TOPS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Top Ships Inc. (NASDAQ: TOPS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Top Ships Inc. (NASDAQ: TOPS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Top Ships Inc. (NASDAQ: TOPS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat