Tender Offer - TORO CORP.

Form Type: SC TO-I

Filing Date: 2025-07-10

Corporate Action: Tender-offer

Type: New

Accession Number: 000114036125025421

Filing Summary: On July 10, 2025, TORO CORP., a Marshall Islands corporation, announced a tender offer to purchase up to 4,500,000 shares of its common stock, par value $0.001 per share, including associated preferred share purchase rights. The offer price is set at $2.75 per share, net to the seller in cash, and will be subject to withholding taxes and without interest. The information regarding the tender offer is detailed in the Offer to Purchase and the related Letter of Transmittal. The filing is intended to comply with the reporting requirements under Rule 13e-4 of the Securities Exchange Act of 1934. The company also provided details about its information, identity, terms of the transaction, and the purpose of the offer in various sections of the attached documents.