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MrSmith1488

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MrSmith1488

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Sunday, 01/22/2023 4:10:35 PM

Sunday, January 22, 2023 4:10:35 PM

Post# of 13306
Buyback of $12m of preferred shares after recent fundraising !!!
Reminder:

Greece’s Top Ships has spent $12m buying back part of a priority stock issue following recent fundraising efforts.
The Nasdaq-listed owner of VLCCs said it had redeemed 1m of its Series F preferred shares, representing about 17% of the total.
The payments have been made in cash.
Top Ships added that 4.85m Series F shares remain outstanding
Preference shareholders rank ahead of common shareholders as creditors.

An imminent tsunami wave sized MOASS incoming???
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