Icon Energy Corp. Closes Public Offering
Ticker: ICON · Form: 6-K · Filed: Jan 28, 2025 · CIK: 1995574
| Field | Detail |
|---|---|
| Company | Icon Energy CORP (ICON) |
| Form Type | 6-K |
| Filed Date | Jan 28, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $1.31, $2.62, $12.0 million, $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: offering, equity, warrants
TL;DR
Icon Energy Corp. just closed a big unit offering with shares + warrants on Jan 24, 2025.
AI Summary
Icon Energy Corp. announced on January 24, 2025, the closing of a public offering of 9,160,305 units. Each unit includes one common share and one Class A Warrant. The company is incorporated in New York and its principal executive office is located in Athens, Greece.
Why It Matters
This offering provides Icon Energy Corp. with capital, potentially for expansion or operational needs, which could impact its future growth and stock performance.
Risk Assessment
Risk Level: medium — Public offerings can dilute existing shareholders and the success of the company depends on how effectively the raised capital is utilized.
Key Numbers
- 9,160,305 — Units Offered (Represents the total number of units sold in the public offering.)
Key Players & Entities
- Icon Energy Corp. (company) — Registrant
- January 24, 2025 (date) — Closing date of the public offering
- 9,160,305 (dollar_amount) — Number of units offered
- New York (location) — State of incorporation
- Athens, Greece (location) — Location of principal executive office
FAQ
What is the par value of the common shares offered?
The par value of the common shares is $0.001 per share.
What is included in each unit of the offering?
Each unit consists of one common share and one Class A Warrant.
What is the filing date of this Form 6-K?
This Form 6-K was filed as of January 28, 2025.
What is the SEC file number for Icon Energy Corp.?
The SEC file number is 001-42174.
Does Icon Energy Corp. file annual reports under Form 20-F?
Yes, Icon Energy Corp. indicates it files or will file annual reports under cover of Form 20-F.
Filing Stats: 747 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2025-01-28 08:46:46
Key Financial Figures
- $0.001 — nsisting of one common share, par value $0.001 per share, of the Company (" Common Sha
- $1.31 — ss A Warrant "), at a price per unit of $1.31 (the " Base Price "). Each Class A War
- $2.62 — cisable at an initial exercise price of $2.62 and will expire on January 24, 2028. Su
- $12.0 million — r offering expenses, were approximately $12.0 million. The Company intends to use the net pro
- $1 — Common Shares, at an exercise price of $1.441, subject to certain customary anti-
Filing Documents
- ny20040020x7_6k.htm (6-K) — 13KB
- ny20040020x7_ex1-1.htm (EX-1.1) — 113KB
- ny20040020x7_ex4-1.htm (EX-4.1) — 105KB
- ny20040020x7_ex4-2.htm (EX-4.2) — 94KB
- ny20040020x7_ex10-1.htm (EX-10.1) — 204KB
- ny20040020x7_ex99-1.htm (EX-99.1) — 10KB
- ny20040020x7_ex99-2.htm (EX-99.2) — 9KB
- ny20040020x7_ex99-1logo.jpg (GRAPHIC) — 596KB
- 0001140361-25-002128.txt ( ) — 1370KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ICON ENERGY CORP. By: /s/ Dennis Psachos Name: Dennis Psachos Title: Chief Financial Officer Date: January 28, 2025