Top Ships Inc (TOPS)

[DAD2]

Flying High on news:

On November 3, 2017, Top Ships Inc. (the "Company") held its Special Meeting of Shareholders (the "Meeting"). At the Meeting, the shareholders of the Company approved and adopted one or more amendments to the Company's Amended and Restated Articles of Incorporation to effect one or more reverse stock splits of the Company's issued common shares at a ratio of not less than one-for-two and not more than one-for-10,000 and in the aggregate at a ratio of not more than one-for-10,000, inclusive, with the exact ratio to be set at a whole number within this range to be determined by the Company's board of directors and authorized the Company's board of directors to implement any such reverse stock split by filing any such amendment with the Registrar of Corporations of the Republic of the Marshall Islands.