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Major Toro Corp (TORO) holder lifts stake to 20.8M shares and 72.2%
Pani Corp. and Petros Panagiotis Panagiotidis have increased their beneficial ownership in Toro Corp. (TORO) to 20,822,206 common shares, representing approximately 72.2% of the outstanding shares. This increase follows an open-market purchase of 2,315,971 shares between April 22-24, 2026, totaling $14,254,600.60, funded by Mr. Panagiotidis’s personal funds. Their holdings also include restricted shares, shares from a special dividend, and significant voting power from Series B preferred shares held by an affiliated entity.