TOP Ships announces 1-for-10 reverse stock split effective Nov. 6, 2026
TOPS•TOP Ships will implement a 1-for-10 reverse stock split effective at the opening of trading on Nov. 6, 2026. Shares will trade split-adjusted on NYSE American under TOPS, and fractional shares will be paid in cash.
1. Split details
TOP Ships said its common shares will begin trading on a split-adjusted basis on NYSE American under the existing symbol TOPS on Nov. 6, 2026. Outstanding common shares will fall to one-tenth of the Nov. 5 total, subject to fractional-share adjustments; fractional shares will be paid in cash based on the split-adjusted Nov. 5 closing price.
