Other Events ·
Castor Maritime and Toro Corp extend earliest conversion dates on cross-held preferred shares to January and March 2028
CTRMCastor Maritime Inc.
On October 8, 2026, Castor Maritime Inc. and Toro Corp agreed to amend the terms of their cross-held perpetual convertible preferred shares. The amendments extend the earliest conversion date for Castor’s Series D Preferred Shares to January 1, 2028, and Toro’s Series A Preferred Shares to March 7, 2028. Both transactions were approved by independent special committees of disinterested directors. Castor Maritime Inc. operates in the maritime shipping industry.