Toro sets Oct. 1 record date for AI OKTO LPG carrier business spin-off
Bitget2026/09/21 20:46- 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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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