Toro Corp. Announces Record Date for the Proposed Spin-Off of its Handysize Tanker Business
LIMASSOL, Cyprus, March 24, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announced today that, in relation to the previously announced spin-off of its wholly owned subsidiary, Robin Energy Ltd. ("Robin"), the record date has been set to April 7, 2025 (the "Record Date"), and the Company expects to complete the distribution of Robin common shares on or about April 14, 2025. In the spin-off, Toro shareholders will receive ...