EX-FILING FEES 5 exh_107.htm CALCULATION OF REGISTRATION FEE

Exhibit 107

 

 

 

Calculation of Filing Fee Tables

Form F-3

(Form Type)

TOP Ships Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities and Carry Forward Securities

 

  Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Carry Forward Form Type Carry Forward File Number Carry Forward Initial effective date Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward
Newly Registered Securities
Fees to Be Paid Equity Common Stock, par value $0.01 per share(1)                    
  Equity Preferred Stock, par value $0.01 per share(1)                    
  Other Preferred Stock Purchase Rights(1)(3)                    
  Debt Debt Securities(1)                    
  Other Warrants(1)                    
  Other Purchase Contracts(1)                    
  Other Rights(1)                    
  Other Depositary Shares(1)                    
  Other Units(1)                    
  Unallocated (Universal) Shelf Unallocated (Universal) Shelf 457(o) (1) (2) $200,000,000 0.0000927 $18,540        
  Equity Common Stock, par value $0.01 per share, underlying previously- issued Pre-Funded Warrants 457(o) 4,374,000   $437.40   $0.04        

 

 

 

Carry Forward Securities
Carry Forward Securities Equity Common Shares, par value $0.01 per share, including related preferred stock purchase rights                    
  Equity Preferred Shares, par value $0.01 per share                    
  Debt Debt Securities                    
  Other Warrants                    
  Other Purchase Contracts                    
  Other Rights                    
  Other Units                    
                         
  Unallocated (Universal) Shelf Unallocated (Universal) Shelf 415(a)(6) (4) (4) $61,123,220.40 0.0001298   F-3 333-234281 November 4, 2019 $7,933(4)
                         
Total Offering Amounts     $200,000,437.40            
Total Fees Previously Paid         $7,933        
Total Fee Offsets         -        
Net Fee Due         $10,608        

 

 

 

1.

 

There are being registered hereunder such indeterminate number of the securities of each identified class being registered as may be sold from time to time at indeterminate prices, with an initial aggregate public offering price not to exceed $200,000,000. Separate consideration may or may not be received for securities that are issuable on exercise, conversion or exchange of other securities or that are issued in units or represented by depositary shares. To the extent that separate consideration is received for any such securities, the aggregate amount of such consideration will be included in the aggregate offering price of all securities sold. If any debt securities are issued at an original issue discount, then the offering may be in such greater principal amount as shall result in a maximum aggregate offering price not to exceed $200,000,000, less the aggregate dollar amount of all securities previously issued hereunder. Any securities registered hereunder may be sold separately or as part of units, which may consist of any combination of the securities registered hereunder.

 

2. Pursuant to General Instruction I.C of Form F-3, the table does not specify by each class information as to the proposed maximum aggregate offering price.

 

3. Preferred stock purchase rights are not currently separable from the common shares and are not currently exercisable. The value attributable to the preferred stock purchase rights, if any, will be reflected in the market price of the common shares.

 

4.

Pursuant to Rule 415(a)(6) under the Securities Act of 1933, as amended, the securities registered pursuant to this registration statement include unsold securities of the Registrant previously registered on its registration statement on Form F-3 (Registration No. 333-234281), filed with the Securities and Exchange Commission on October 21, 2019 and declared effective on November 4, 2019, which the Registrant refers to as the Prior Registration Statement. The previously paid filing fee relating to such unsold securities under the Prior Registration Statement will continue to be applied to such unsold securities registered on this registration statement. To the extent that, after the filing date hereof and prior to the effectiveness of this registration statement, any such unsold securities are sold pursuant to the Prior Registration Statement, the registrant will identify in a pre-effective amendment to this registration statement the updated amount of unsold securities from the Prior Registration Statement to be included in this registration statement pursuant to Rule 415(a)(6) and the updated amount of new securities to be registered on this registration statement. Pursuant to Rule 415(a)(6), the offering of the unsold securities registered under the Prior Registration Statement, if not previously terminated, will be deemed terminated as of the date of effectiveness of this Registration Statement.