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7- 10.9Pre-market26.10.09 22:256-KKey event#●●●
TORO CORP.
Toro Corp. and Castor Maritime Inc. have agreed to amend the terms of their respective convertible preferred shares, extending the earliest conversion dates by one year. The conversion date for Castor Series D Preferred Shares is now January 1, 2028, and for Toro Series A Preferred Shares is March 7, 2028.…more
$4.36+0.69%vs prev closeDetected5m · 30m · 60m · Next dayPLUSView filingShare
- 10.9Pre-market26.10.09 22:216-KKey event
TORO CORP.
Toro Corp. reported revenue of $7.0 million and net income of $0.6 million for the second quarter of 2026. The company completed the spin-off of its LPG carrier business into AI OKTO CORP., acquired two MR tanker vessels for a total of $83.4 million, and secured a new $22.5 million revolving credit facility.…more
$4.36+0.69%vs prev closeView filingShare - 10.9Pre-market26.10.09 22:206-KKey event
TORO CORP.
Toro Corp. completed the spin-off of its LPG carrier business into AI OKTO CORP. on October 8, 2026. Shareholders of record as of October 1, 2026, received one common share of AI OKTO for every eight Toro common shares held, with the transaction including $45 million in cash and the settlement of certain liabilities.…more
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News
GlobeNewswire- 10.9Pre-market26.10.09 22:21#●●●
Toro Q2 Sales Surge, But EPS Swings to Loss
Toro reported a 71% year-over-year increase in quarterly sales, yet its EPS dropped to a loss of $0.13 from a profit of $0.02. Despite the revenue growth, the decline in profitability results in a neutral outlook.…more
$4.36+0.69%vs prev closeDetected5m · 30m · 60m · Next dayPLUSShareBenzinga
- 10.9Pre-market26.10.09 22:00
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Toro Corp. reported a 71.3% increase in revenue for the second quarter of 2026, yet net income fell by 60.9% to $0.6 million. Despite higher revenues, the company's profitability declined due to increased operating and administrative expenses.…more
$4.36+0.69%vs prev close - 9.21After-hours26.09.22 05:46
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Toro Corp. has set October 1, 2026, as the record date for the spin-off of its LPG carrier subsidiary, AI OKTO. Shareholders will receive one share of AI OKTO for every eight shares of Toro held as of the record date.…more
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