Toro Corp. and Castor Maritime Inc. Amend Preferred Share Terms

On October 8, 2026, Toro Corp. and Castor Maritime Inc. agreed to amend the terms of their respective preferred shares. Specifically, the earliest conversion date for Castor's 5.00% Series D Cumulative Perpetual Convertible Preferred Shares, held by a Toro subsidiary, was extended to January 1, 2028. Similarly, the earliest conversion date for Toro's 1.00% Series A Fixed Rate Cumulative Perpetual Convertible Preferred Shares, held by a Castor subsidiary, was extended to March 7, 2028. These amendments were approved by the boards of directors of both companies, following recommendations from special committees of independent directors. The shared executive leadership between Toro and Castor, with Castor's CEO also serving as Toro's Chairman and CEO, is noted. The information in this Form 6-K is incorporated into Toro Corp.'s registration statements.