COMMON STOCK PURCHASE WARRANT TOP SHIPS INC.Common Stock Purchase Warrant • October 11th, 2022 • Top Ships Inc. • Deep sea foreign transportation of freight
Contract Type FiledOctober 11th, 2022 Company IndustryTHIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, ________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on June 7, 2027 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Top Ships Inc., a Republic of the Marshall Islands corporation (the “Company”), up to _____ common shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company, par value $0.01 per share (the “Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).