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Toro sets Oct. 1 record date for AI OKTO LPG carrier business spin-off

PUBT·09/21/2026 20:48:02
Toro sets Oct. 1 record date for AI OKTO LPG carrier business spin-off
  • Toro set Oct. 1, 2026 as the record date for the planned spin-off of its LPG carrier business via AI OKTO.
  • Distribution expected on or about Oct. 8, 2026; shareholders to receive 1 AI OKTO share for every 8 Toro shares.
  • Nasdaq due-bill trading expected from the record date through the distribution date; sellers in the period forfeit the spin-off shares.
  • Completion remains conditional on the Form 20-F becoming effective and Nasdaq approving AI OKTO’s listing on the Nasdaq Capital Market.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toro Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609211646PRIMZONEFULLFEED9830879) on September 21, 2026, and is solely responsible for the information contained therein.