Top Ships Inc. Announces Compliance with NASDAQ Minimum Bid Price Requirement
October 16 2023 - 8:30AM
TOP Ships Inc. (the “Company”), an international owner and operator
of modern, fuel efficient "ECO" tanker vessels, announced today
that NASDAQ notified the Company that it has regained compliance
with the minimum bid price requirement for the Nasdaq Capital
Market, set forth in Nasdaq Listing Rule 5550(a)(2).
About TOP Ships Inc.
TOP Ships Inc. is an international owner and
operator of modern, fuel efficient eco tanker vessels focusing on
the transportation of crude oil, petroleum products (clean and
dirty) and bulk liquid chemicals. 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 prospective information about their business.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements, which are other than
statements of historical facts.
The Company desires to take advantage of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
and is including this cautionary statement in connection with this
safe harbor legislation. The words “believe,” “anticipate,”
“intends,” “estimate,” “forecast,” “project,” “plan,” “potential,”
“may,” “should,” “expect” “pending” and similar expressions
identify forward-looking statements. The forward-looking statements
in this press release are based upon various assumptions, many of
which are based, in turn, upon further assumptions, including
without limitation, our management's examination of historical
operating trends, data contained in our records and other data
available from third parties. Although we believe that these
assumptions were reasonable when made, because these assumptions
are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are
beyond our control, we cannot assure you that we will achieve or
accomplish these expectations, beliefs or projections.
Contacts: Alexandros
TsirikosChief Financial OfficerTOP Ships
Inc. Tel: +30 210
812 8107Email: atsirikos@topships.org
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