Top Ships: Sinks on $6 mln direct offering

TOP Ships

15/04/2020 16:19

** Shares of Greece-based tanker vessels operator  TOPS.O 
fall 21% to 22 cents in morning trade  
    ** TOPS announces pricing of $6 mln common share registered
direct offering  urn:newsml:reuters.com:*:nASA00KSC
    ** Co's direct offering is for the sale of 33.3 mln common
shares at $0.18/share
    ** Offering represents 28% of the company's free float
    ** Stock down 72% YTD 

 (Reporting by Shradha Singh in Bengaluru)
 ((Shradha.Singh@thomsonreuters.com; within U.S. +1 646 223 8780
Ext: 2804, outside U.S. +91 80 6182 2630;))