Top Ships Inc (TOPS)

[phase_ten]

For people somehow still doubting the impending R/S:

“On May 29, 2020 our shareholders approved the authorization of one or more amendments to our Amended and Restated Articles of Incorporation to effect one or more reverse stock splits of our issued common shares at a ratio of not less than one-for-two and not more than one-for-25 and in the aggregate at a ratio of not more than one-for-25, inclusive, with the exact ratio to be set at a whole number within this range to be determined by our board of directors. We expect that we will likely effectuate a reverse stock split in order to regain compliance with the Nasdaq minimum bid price requirement in the near future.”

https://sec.report/Document/0000919574-20-004484/

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