Exhibit 107
Calculation of Filing Fee Tables
F-3
(Form Type)
TOP Ships Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
| Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Unit (2) | Maximum Aggregate Offering Price (2) | Fee Rate | Amount of Registration Fee | |
| Newly Registered Securities | ||||||||
| Fees to Be Paid | Equity | Common Shares Issuable upon Exercise of Warrants (1) | Other | 1,072,725 | $3.34 | US$3,582,901.50 | $110.20 per $1,000,000 | US$394.84 |
| Total Offering Amounts | US$3,582,901.50 | US$394.84 | ||||||
| (1) | Including related preferred stock purchase rights. 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. |
| (2) | Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) under the Securities Act, based on the average of the high and low prices per share of the registrant's common shares as reported on the Nasdaq Capital Market on November 17, 2022. |
