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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin