SC 13G: DIANA SHIPPING INC.

AI Summary

SC 13G filing by DIANA SHIPPING INC..

Risk Assessment

Risk Level: low

Key Financial Figures

• $0.01 — er) Shares of Common Stock, par value $0.01 per share (Title of Class of Securiti

Filing Documents

• tm2426371d1_sc13g.htm (SC 13G) — 95KB
• 0001104659-24-109727.txt ( ) — 97KB

From the Filing

SC 13G 1 tm2426371d1_sc13g.htm SC 13G UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON , DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment ____)* DIANA SHIPPING INC. (Name of Issuer) Shares of Common Stock, par value $0.01 per share (Title of Class of Securities) Y2066G104 (CUSIP Number) October 16, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 9 pages CUSIP No Y2066G104 1. NAME S OF REPORTING PERSONS F. Laeisz GmbH 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Germany NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 6,305,426 (1) 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 6,305,426 (1) 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,305,426 (1) 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) Not Applicable. 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0%* 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO (1) Represents 5,520,000 shares of common stock of the Issuer, par value $0.01 per share (“common shares”), and 785,426 common shares issuable upon the conversion of 482,766 warrants, in each case held by F. Laeisz GmbH. The warrants are convertible at a current conversion rate of 1.62693, which includes a “Bonus Share Fraction,” as set forth and described in the Issuer’s prospectus supplement filed with the Securities and Exchange Commission on September 9, 2024, filed pursuant to Rule 424(b)(2) of the Securities Act of 1933, as amended (the “Prospectus Supplement”). (2) Percentage calculation based on a denominator equal to (a) 125,154,946 common shares outstanding as of September 9, 2024, as reflected in the Prospectus Supplement plus (b) 482,766 warrants outstanding (multiplied by the conversion rate), in each case held by F. Laeisz GmbH. Page 2 of 9 pages CUSIP No Y2066G104 1. NAME S OF REPORTING PERSONS KG Reederei N. Schües mbH + Co. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Germany NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 6,305,426 (1) 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 6,305,426 (1) 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,305,426 (1) 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) Not Applicable. 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0%* 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO (1) Represents 5,520,000 shares of common stock of the Issuer, par value $0.01 per share (“common shares”), and 785,426 common shares issuable upon the conversion of 482,766 warrants, in each case held by F. Laeisz GmbH, of which KG Reederei N. Schües mbH + Co. owns a 48% controlling share. The warrants are convertible at a current conversion rate of 1.62693, which includes a “Bonus Share Fraction,” as set forth and described in the Issuer’s prospectus supplement filed with the Securities and Exchange Commission on September 9, 2024, filed pursuant to Rule 424(b)(2) of the Securities Act of 1933, as amended (the “Prospectus Supplement”). (2) Percentage calculation based on a denominator equal to (a) 125,154,946 common shares outstanding as of September 9, 2024, as reflected in the Prospectus Supplement plus (b) 482,766 warrants outstanding (multiplied by the conversion rate), in each case held by F. Laeisz GmbH. Page 3 of 9 pages CUSIP No Y2066G104 1. NAME S OF REPORTING PERSONS Nikolaus H. Schües 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Germany NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER

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