Noticias y eventos de Toro Corp. (TORO)TOROToro Corp.

Toro Corp. Sets Record Date for AI Okto Spin-Off on October 1

Toro Corp. announces that, in relation to the previously announced spin-off of its wholly owned subsidiary, AI Okto, the record date has been set to October 1, and the company expects to complete the distribution of AI Okto common shares on or about October 8. In the spin-off, Toro shareholders will receive one common share of AI Okto for every eight Toro common shares held at the close of business on the Record Date.

Toro Acquires Two MR Tankers for $83.5 Million via Wholly-Owned Subsidiaries

Toro announces that it has entered into agreements, through two separate wholly-owned subsidiaries, to acquire two MR tanker vessels, from unaffiliated third parties. The Company acquired the M/T Wonder Alasia, a 2018 Japanese-built MR tanker vessel, for a purchase price of $45.9M and took delivery of the vessel on September 17, 2026. Furthermore, the Company acquired a 2014 Korean-built scrubber-fitted MR tanker vessel, for a purchase price of $37.5M and took delivery of the vessel on September 18, 2026. The vessel is expected to be renamed M/T Wonder Atria.

Toro Corp. Plans Spin-Off of LPG Carrier Business

Toro Corp. announced that it intends to effect a spin-off of its LPG carrier business. AI Okto, currently a subsidiary of Toro, would become an independent publicly-traded company listed on Nasdaq as a result of the planned spin-off. The initial assets of AI Okto will include two LPG carriers, the LPG Dream Arrax and LPG Dream Vermax, and $45M in cash contributed by Toro. Toro's chairman and CEO, Petros Panagiotidis, will be appointed as chairman and CEO of AI Okto. The transactions effected in connection with the spin-off will be approved by Toro's board of directors on the recommendation of a disinterested and independent special committee. AI Okto has filed a registration statement on Form 20-F pursuant to the Securities Exchange Act of 1934, as amended, with the SEC, which includes a more detailed description of the terms of the proposed spin-off. The spin-off remains subject to the registration statement being declared effective and the approval of the listing of AI Okto's common shares on Nasdaq.