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Monday, September 28, 2026

Equity Corporate Actions Alert #2026 - 690
Spin-Off/Distribution Information for Toro Corp. (TORO)

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  • Industry Announcement

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On September 9, 2026, Toro Corp. (TORO) announced a spin-off of its subsidiary, AI OKTO CORP (AIOK). The details for the spin-off are as follows:

Parent Company/Issue: Toro Corp. Common Shares
CUSIP: Y8900D108
Symbol: TORO
Record Date: October 1, 2026
Payment Date: October 8, 2026
EX Date: TBA; Pending effectiveness of 20-F and final regulatory approval
Due Bill Redemption Date: TBA
Ratio of Spin-Off/ Distribution:
 One (1) AI OKTO CORP. Common Share (AIOK) for every eight (8) Toro Corp. Common Shares held.

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

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