Top Ships Inc (TOPS)

[~ Blue ~]

Crazy dilution O/S increased to 134.9 MILLION

$TOPS: SC13DA out: https://www.otcmarkets.com/filing/html?id=14056646&guid=zs8WUW1ZyVjiE3h

''This Amendment No. 60 is being filed to reflect the issuance of 15,833,088 Common Shares from March 26, 2020 through March 27, 2020 as a result of sales completed under the equity distribution agreement dated March 11, 2020 between the Issuer and Maxim Group LLC (the "ATM") and the issuance of 40,000,000 Common Shares on April 1, 2020 as part of a public offering, which closed on April 1, 2020.''

''The Trust may be deemed to beneficially own 17,274,140 Common Shares, representing approximately 12.8% of the outstanding Common Shares. This percentage ownership is based on 134,979,295 Common Shares outstanding ''