Top Ships Inc. Enters Into Warrant Exercise Transaction for $4.8 Million in Gross Proceeds
TOP Ships Inc. announced that it has entered into an agreement with an accredited investor that is an existing holder of warrants to purchase an aggregate of 715,150 of the Company’s common shares for cash (the “Existing Warrants”), wherein the investor agreed to exercise all of the Existing Warrants at an exercise price reduced from $10.00 per share to $6.75 per share. The Existing Warrants were previously issued in a…