Welcome to our dedicated page for Toro SEC filings (Ticker: TORO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Toro Corp. (TORO) SEC filings page on Stock Titan brings together the company’s regulatory disclosures as a foreign private issuer listed on the Nasdaq Capital Market. Toro files annual reports on Form 20-F and furnishes current information on Form 6-K under the Securities Exchange Act of 1934, and it maintains effective registration statements on Form F-3 and Form S-8 that support its securities offerings.
Through its Form 6-K reports, Toro provides unaudited consolidated interim financial statements and management’s discussion and analysis for periods such as the six months ended June 30, 2025. These filings explain vessel revenues from continuing operations, net income, non-GAAP measures like EBITDA and Daily TCE Rate, and the impact of fleet composition, charter rates, voyage expenses, vessel operating expenses and management fees on results. They also describe capital allocation activities, including the spin-off of the Handysize tanker segment to Robin Energy Ltd., the senior term loan facility extended to Castor Maritime Inc. and its full repayment, and Toro’s investments in and the redemption of Castor’s 8.75% Series E Cumulative Perpetual Convertible Preferred Shares.
Toro’s SEC filings further document corporate actions such as a tender offer for Toro common shares, the declaration and mechanics of a one-time special dividend payable in cash or common shares (including Nasdaq due-bill procedures), and the establishment of an at-the-market (ATM) offering agreement with Maxim Group LLC for potential common share issuances under an effective Form F-3 shelf. Additional Form 6-Ks furnish press releases announcing vessel sale agreements, vessel acquisitions, annual general meeting dates and outcomes, and auditor appointments.
On Stock Titan, these filings are updated in line with EDGAR and paired with AI-powered summaries that highlight key points from Toro’s 20-F annual reports, interim 6-Ks and transaction-related exhibits. Users can quickly identify disclosures related to fleet changes, related-party transactions with Castor Maritime Inc. and Robin Energy Ltd., equity and debt arrangements, and other regulatory information that shapes the risk profile and capital structure of Toro’s global energy transportation business.
Toro Corp. has signed a $60.0 million revolving credit facility with a leading European financial institution. This flexible loan, which can be drawn and repaid as needed, has a five‑year tenor and bears interest at a rate of Term SOFR plus a margin.
The facility will be secured by a first priority mortgage over four of Toro’s vessels, and net proceeds are expected to be used for general corporate purposes. Toro operates a modern fleet of oceangoing vessels, including two LPG carriers and one MR tanker.
TORO CORP. director Platanias Angelos Rounick filed an initial ownership report showing beneficial ownership of 87,353 shares of common stock. This Form 3 does not reflect any new purchase or sale activity; it simply records his existing direct holdings as of the reporting date.
TORO CORP. director Petros Zavakopoulos has filed an initial ownership report showing his position in the company’s common stock. The filing indicates he directly holds 60,000 shares of common stock after the reported holdings entry, with no specific buy or sell transaction reported in this form.
TORO CORP. director and Chief Executive Officer Panagiotidis Petros Panagiotis filed an initial statement of beneficial ownership. He reports indirect control of 18,506,235 common shares through Pani Corp. and 40,000 Series B Preferred Shares through Pelagos Holdings Corp., with each preferred share carrying the voting power of 100,000 common shares. He may be deemed to beneficially own these securities through his control of Pani and Pelagos but disclaims beneficial ownership except to the extent of any pecuniary interest.
TORO CORP. filed an initial ownership report for Chief Financial Officer Pagiaslis Theologos. The Form 3 lists him as an officer of the company but does not report any equity transactions or holdings in this excerpt.
Pani Corp. and Petros Panagiotis Panagiotidis have updated their ownership disclosure in Toro Corp. following a one-time special dividend paid in shares. Pani Corp. now reports beneficial ownership of 18,506,235 common shares, representing 64.1% of Toro’s outstanding 28,852,084 shares. This total includes 5,794,995 shares received on January 16, 2026 as a special dividend, for which Pani Corp. elected stock instead of cash at $1.75 per share, using a 20-day volume-weighted average price of $3.8386 to calculate the share amount.
The stake also includes several tranches of restricted stock granted to Mr. Panagiotidis in 2023, 2024 and 2025 with multi-year vesting schedules, over which the reporting persons have varying voting and dispositive rights before and after vesting. In addition to the common shares, an entity controlled by Mr. Panagiotidis, Pelagos Holdings Corp., holds 40,000 Series B Preferred Shares, each carrying the voting power of 100,000 common shares, further concentrating voting influence.
Toro Corp. reported the final results of shareholder elections for its previously declared special dividend and confirmed that the dividend has been paid. The special dividend totaled $1.75 per common share, payable in either cash or Toro common shares, and was paid on January 16, 2026 to shareholders of record as of December 16, 2025. Based on shareholder choices, the company distributed approximately $9.3 million in cash and 7,378,575 common shares. The stock portion was calculated using the 20-day volume-weighted average price of $3.8386 per share on Nasdaq through December 4, 2025. Toro notes that its shares traded with due bills through January 16, 2026, with an ex-dividend date of January 20, 2026.
Toro Corp. is sending shareholders of record as of December 16, 2025 a notice and election form related to the dividend it announced on December 5, 2025, which is expected to be paid on January 16, 2026.
The mailing consists of an information letter to shareholders and a dividend election form, providing the materials shareholders need to make their election in connection with this upcoming dividend.
Toro Corp. entered into an “at-the-market” Offering Agreement with Maxim Group LLC, permitting the Company to sell common shares with an aggregate offering value of up to $12.5 million from time to time, at its sole discretion.
The Company states it intends to use any proceeds for capital expenditures, working capital, vessel, other asset or share acquisitions, construction of newbuild vessels, other general corporate purposes, or a combination of these.
The sales will be made under Toro’s effective Form F-3 shelf registration (File No. 333-275477), declared effective on January 10, 2024, via a prospectus and prospectus supplement filed with the SEC.
Toro Corp. launched an at-the-market (ATM) offering of up to $12,500,000 in common shares under a prospectus supplement to its Form F-3 shelf. Maxim Group LLC will act as sales agent, using commercially reasonable efforts to sell shares on Nasdaq or via other permitted methods.
The company will pay a commission of up to 3.0% of the aggregate offering amount and intends to use net proceeds for capital expenditures, working capital, vessel or other asset/share acquisitions, newbuild construction, or general corporate purposes. As a foreign private issuer and emerging growth company, Toro notes that, under General Instruction I.B.5, primary sales are capped at no more than one-third of its public float in any 12‑month period while the float is below $75 million. The last reported Nasdaq sale price was $3.730 per share.