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TOP Ships announces 1-for-10 reverse stock split and $5M convertible-note offering

By ChordNews · First written

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Summary

TOP Ships has announced a 1-for-10 reverse stock split and a $5 million convertible-note offering, according to a Seeking Alpha breaking news item. The available item gives no further details, such as the effective date of the split, the reasons for it, or the terms of the notes.

This continues an earlier story: Onconetix announces 1-for-10 reverse stock split

Timeline

  1. Seeking Alpha

    Source ↗

    Seeking Alpha reports that TOP Ships announced a 1-for-10 reverse stock split and a $5M convertible-note offering.

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