LIMASSOL, Cyprus, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro” or the “Company”), a global energy transportation services provider, announces today the final results of its tender offer (the “Offer”), which expired at 5:00 P.M. Eastern time on August 7, 2025. Based on the final count by Broadridge Corporate Issuer Solutions LLC, the depositary for the tender offer, 20,344 common shares (the “Shares”) were properly tendered and not properly withdrawn prior to expiration of the Offer. T ...

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].