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Stock impact report

TOP Ships Inc. Announces Key Financial Information After Reverse Stock Split

TOP Ships Inc. (TOPS) 
US:NASDAQ Investor Relations: topships.org/investors-relations
Company Research Source: GlobeNewswire
ATHENS, Greece, June 26, 2017 (GLOBE NEWSWIRE) -- TOP Ships Inc. (Nasdaq:TOPS), an international ship-owning company (the “Company”), today reports its updated key financial information giving effect to the reverse stock split on June 23, 2017: Key Financial Information as of June 23, 2017, post reverse stock split: - Cash and cash equivalents: approximately $4.2 million (or $2.91 per share) - Book value of vessels, net: approximately $123.4 million - Debt outstanding balance: approximately $113.8 million - Number of Shares Outstanding: 1,443,092 About TOP Ships Inc. TOP Ships Inc. is an international ship-owning company. For more information about TOP Ships Inc., visit its website: www.topships.org. Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospe Show less Read more
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