LIMASSOL, Cyprus, April 15, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it received a written confirmation from The Nasdaq Stock Market LLC on April 11, 2024, that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) concerning the minimum bid price of the Company’s stock. About Castor Maritime Inc. Castor Maritime Inc. is an international provider of shipping transportation s
LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that its board of directors (the “Board”) has determined to effect a 1-for-10 reverse stock split of the Company’s common shares. The Company’s shareholders approved the reverse stock split by a ratio of not less than 1-for-two and not more than 1-for-100 and granted the Board the authority to determine the exact split ratio and
LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on March 22, 2024, it completed the previously announced sale of the M/V Magic Orion, a 2006-built Capesize bulk carrier vessel, for a price of $17.4 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $2.0 million from the above-mentioned sale, excluding any transacti