TOP SHIPS INC.
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No SEC Form 4 filings for $TOPS in the last 30 days.
See all $TOPS insider activity →TOP Ships Inc. (TOPS) raised $5.0M through convertible notes and warrants, with a potential second tranche of $5.0M. Notes carry 8%–10% interest and convert based on recent stock prices with a $0.50 floor. The funds support fleet expansion and balance sheet needs, per the company.
TOP Ships Inc. (TOPS) announced a 1-for-10 reverse stock split, effective Nov. 6, 2026. Every 10 shares will convert to 1, with no change in ownership percentages or market cap. Fractional shares will be paid in cash. The company operates eco tanker vessels.
TOP Ships Inc. (TOPS) announced the acquisition of four ice class 1A MR tankers, with deliveries scheduled from 2029 to 2030. The deal includes a $34.95M purchase price and a $1.24B potential gross revenue backlog, assuming charter extensions. The vessels are 85% financed and have 7-year charters with an oil major. The transaction is subject to closing conditions and financing.
Over the past 7 days, AlphAI's AI scored 7 news stories mentioning TOPS (TOP SHIPS INC.). Coverage has skewed bearish: 0 bullish, 4 neutral, and 3 bearish.
Recent TOPS coverage spans corporate actions, mergers & acquisitions and earnings.
The small capital raise may cause modest dilution and short-term stock pressure.
The reverse split will reduce share count tenfold, likely improving liquidity and price perception.
The acquisition expands TOP Ships' fleet and long‑term charter backlog, likely supporting the share price.
The acquisition expands TOP Ships' fleet and future revenue base, likely supporting the stock modestly.
Dilution and insider sell‑off may pressure the stock short‑term despite the rally.
AlphAI scores every news story that mentions TOPS with an AI model for sentiment and relevance, and aggregates insider trades from TOP SHIPS INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
TOP Ships Inc. (TOPS) raised $5.0M through convertible notes and warrants, with a potential second tranche of $5.0M. Notes carry 8%–10% interest and convert based on recent stock prices with a $0.50 floor. The funds support fleet expansion and balance sheet needs, per the company.
1 min readTOP Ships Inc. (TOPS) announced a 1-for-10 reverse stock split, effective Nov. 6, 2026. Every 10 shares will convert to 1, with no change in ownership percentages or market cap. Fractional shares will be paid in cash. The company operates eco tanker vessels.
1 min readTOP Ships Inc. (TOPS) announced the acquisition of four ice class 1A MR tankers, with deliveries scheduled from 2029 to 2030. The deal includes a $34.95M purchase price and a $1.24B potential gross revenue backlog, assuming charter extensions. The vessels are 85% financed and have 7-year charters with an oil major. The transaction is subject to closing conditions and financing.
2 min readTOP Ships Inc. (NYSE American: TOPS) completed the acquisition of three newbuilding MR tankers, each with a 5-year charter agreement with an oil major. The vessels are set for delivery in 2029. The company operates a fleet of 857,000 dwt, including various tankers and a megayacht it plans to sell.
2 min readTOP Ships (AMEX: TOPS) shares surged 67.13% to $1.20 after hours on Monday, following a 0.84% gain during regular trading. The rally coincided with an SEC filing showing reduced insider ownership due to new share issuances. The company reported first-half revenue of $25.5M and net income of $6.5M. TOPS has a market cap of $5.48M and has fallen 86.90% over the past year.
2 min readTOP SHIPS INC. (TOPS) furnished an SEC Form 6-K — earnings release. EXHIBIT 99.1 TOP Ships Inc. Announces Net Income of $6.5 Million, Diluted Earnings per Share of $0.61 and Stockholders’ Equity of $76.7 Million for the Six Months Ended June 30, 2026 ATHENS, Greece, Sept. 16, 2026 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “TOP Ships”)
2 min readTOP Ships Inc. (TOPS) reported a net income of $6.5 million for the first half of 2026, with revenues of $25.5 million and EBITDA of $17.2 million. The company has secured long-term charters for new vessels, totaling $680.4 million in contracted revenue. It also plans to divest its megayacht and redeploy capital into its core tanker business.
2 min readTop Ships Inc. (NYSE American: TOPS) said it signed a share purchase agreement to acquire three SPVs owning contracts for three ECO, scrubber-fitted MR product tanker newbuildings, delivered in 2029. The vessels have five-year time charters with an oil major, with a one-year option. Potential gross revenue backlog is about $140.6 million. Purchase price is about $7.4 million, expected to close by Sept. 30, 2026.
4 min readTOP Ships Inc. said its management estimate of net asset value (NAV) as of June 30, 2026 is $359.2 million, up 24% from the NAV previously reported on March 10, 2026. The estimate uses June 30, 2026 charter-free vessel values from third-party brokers, plus debt and cash. NAV is $47.19 per common share, $12.49 per fully diluted share.
2 min readTOP Ships Inc. (NYSE American: TOPS) said it plans to sell the M/Y Para Bellvm, a 47-meter Sanlorenzo yacht built in 2023, and exit the megayacht sector. The company expects the sale to release significant capital, potentially a multiple of its market capitalization, to redeploy into its ECO tanker business, though no sale is assured.
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