Toro Sets October 1 Record Date For AI OKTO Spin-Off, Share Distribution Expected Around October 8, 2026

Toro Corp. (NASDAQ: TORO) has announced a record date of October 1, 2026, for the spin-off of its subsidiary, AI OKTO CORP. Shareholders will receive one common share of AI OKTO for every eight Toro shares held as of the record date, with the distribution expected around October 8, 2026. The spin-off is contingent upon the effectiveness of AI OKTO’s registration statement and approval for listing on the Nasdaq Capital Market.