LIMASSOL, Cyprus, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announces that on September 3, 2025, it completed the previously announced sale of the Dream Syrax a 2015-built 5,000 cbm LPG Carrier vessel by delivering the vessel to its new owner. About Toro Corp. Toro Corp. is a global energy transportation services provider, operating a modern fleet of oceangoing vessels. Toro Corp. owns three LPG carrier vessels ...

Core Points - Toro Corp. announced the final results of its tender offer which expired on August 7, 2025 [1] - A total of 20,344 common shares were properly tendered and will be purchased at a price of $2.75 per share, resulting in an aggregate cost of approximately $55,946.00 [2] Company Overview - Toro Corp. is a global energy transportation services provider operating a modern fleet of oceangoing vessels, which will consist of three LPG carriers and one MR tanker vessel after the sale of one LPG carrier [5] - The company's common shares are traded on the Nasdaq Capital Market under the symbol "TORO" [6]

Core Viewpoint - Robin Energy Ltd. has officially endorsed Bitcoin as a primary treasury reserve asset, allocating $5 million for this purpose, reflecting a strategic decision to optimize its balance sheet for long-term value creation [1][3]. Group 1: Treasury Management Strategy - The company has adopted a comprehensive Bitcoin treasury framework, targeting up to 50% of its long-term cash reserves for potential Bitcoin purchases, which will be executed through disciplined dollar-cost averaging [2]. - The Bitcoin purchases will be funded entirely through existing cash reserves, ensuring that operational liquidity and growth initiatives remain unaffected [3][4]. Group 2: Leadership Commentary - Petros Panagiotidis, Chairman and CEO, emphasized that the endorsement of Bitcoin is a strategic decision aimed at leveraging Bitcoin's characteristics for inflation hedging and portfolio diversification [3]. Group 3: Company Overview - Robin Energy is an international ship-owning company that provides energy transportation services globally, owning one Handysize tanker vessel and one LPG carrier [5].

Company Overview - Toro Corp. is a global energy transportation services provider operating a modern fleet of oceangoing vessels [3] - The company will have a fleet comprising three LPG carriers and one MR tanker vessel after completing the sale of one of its LPG carriers [3] - Toro Corp. is incorporated under the laws of the Republic of the Marshall Islands and its common shares trade on the Nasdaq Capital Market under the symbol "TORO" [4] Annual General Meeting - The Board of Directors has scheduled the 2025 Annual General Meeting of Shareholders to be held on September 12, 2025, at 5:00 p.m. local time in Limassol, Cyprus [1] - A record date of July 14, 2025, has been fixed for determining shareholders entitled to receive notice of and vote at the Meeting [1] - The Notice of the Meeting and Proxy Statement will be mailed to shareholders of record around July 29, 2025, and will also be available on the SEC's website and the company's website [2]

Core Viewpoint - Toro Corp. is initiating a tender offer to repurchase up to 4,500,000 shares at a price of $2.75 per share, reflecting the company's strong cash position and current stock price [1]. Group 1: Tender Offer Details - The tender offer will expire on August 7, 2025, at 5:00 P.M. Eastern Time, unless extended or withdrawn [1]. - The Board of Directors believes that repurchasing shares is in the best interest of the company at this time [1]. - The tender offer is not conditioned upon any minimum number of shares being tendered [1]. Group 2: Administrative Information - Toro has appointed Broadridge Corporate Issuer Solutions LLC as the depositary and Georgeson LLC as the information agent for the tender offer [2]. - Shareholders will receive copies of the Offer to Purchase and related materials by mail, and additional copies can be obtained from the information agent [3]. Group 3: Company Overview - Toro Corp. operates a modern fleet of oceangoing vessels, including four LPG carriers and one MR tanker [5]. - The company is incorporated under the laws of the Republic of the Marshall Islands and trades on the Nasdaq Capital Market under the symbol "TORO" [6].

LIMASSOL, Cyprus, July 10, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announces that it has entered into an agreement with a wholly owned subsidiary of Robin Energy Ltd. (“Robin”), a Nasdaq-listed entity controlled by our Chairman and Chief Executive Officer, for the sale of the Dream Syrax a 2015-built 5,000 cbm LPG Carrier vessel for a sale price of $18 million. The terms of the transaction were approved by the independe ...

Core Viewpoint - Toro Corp. has announced the acquisition of a 2021-built MR tanker vessel for $36.25 million, which will be funded with cash on hand [1][2]. Company Overview - Toro Corp. is a global energy transportation services provider with a modern fleet of oceangoing vessels. After the acquisition, the fleet will consist of four LPG carriers and one MR tanker vessel, focusing on transporting petrochemical gases and refined petroleum products worldwide [3]. - The company is incorporated under the laws of the Republic of the Marshall Islands and trades on the Nasdaq Capital Market under the symbol "TORO" [3]. Acquisition Details - The acquisition is expected to be completed with the delivery of the vessel during Q2-Q3 2025, subject to customary closing conditions [2].

Core Viewpoint - Toro Corp has filed its annual report for the fiscal year ended December 31, 2024, with the SEC, which includes audited consolidated financial statements [1]. Company Overview - Toro Corp is an international energy transportation services company that operates a fleet of LPG carriers for transporting petrochemical gases globally [3]. - The company currently owns a fleet of four LPG carrier vessels, each with a capacity of 5,000 cbm [3]. - Toro Corp is incorporated in the Republic of the Marshall Islands and its common shares are traded on the Nasdaq Capital Market under the symbol "TORO" [3]. Accessibility of Annual Report - The Annual Report is available on the SEC website and the company's website under the "Investors" section [2]. - Shareholders can request a hard copy of the Annual Report free of charge by contacting the company via email [2]. Contact Information - For further inquiries, contact details for Toro Corp are provided, including an email address for investor relations [5].

"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." -- Warren BuffettBrutal stock market sell-offs can create lucrative opportunities for investors with clear minds and steady hearts. Dividend stocks can be particularly attractive investments in bear markets, as the passive income they produce can help to offset share price declines.The cash you receive can also make it easier to wait for an eventual rebound -- and give you more dry po ...