TOP Ships Inc. Announces Sale of Newbuilding Mega Yacht for $38 Million

Wednesday, Dec 31, 2025 4:31 pm ET1min read
TOPS--

TOP Ships Inc. has entered into a sale agreement for a newbuilding mega yacht with expected delivery in Q2 2027 for $38.0 million. The sale is expected to be completed by March 31, 2026. The independent committee of the board of directors negotiated and approved the sale after obtaining a fairness opinion from an independent financial advisor.

TOP Ships Inc. Announces Sale of Newbuilding Mega Yacht for $38 Million

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