Pangaea Logistics Files 8-K for Undisclosed 'Other Event'

TL;DR

**Pangaea Logistics filed an 8-K for an "Other Event" on Feb 15, but the filing doesn't say what it is, so it's a non-event for now.**

AI Summary

Pangaea Logistics Solutions Ltd. filed an 8-K on February 15, 2024, reporting an "Other Event." The filing provides administrative details for the company, including its incorporation in Bermuda and its business address at 109 Long Wharf, Newport, Rhode Island. This specific excerpt does not disclose the nature or details of the reported "Other Event."

Why It Matters

This filing indicates a reportable event occurred for Pangaea Logistics Solutions Ltd. on February 15, 2024, but without the event's specific details, its real-world impact on investors or operations cannot be determined from this document.

Risk Assessment

Risk Level: medium — The provided filing is administrative and does not contain information that would inherently increase or decrease risk, as the details of the "Other Event" are not disclosed.

Key Numbers

• 001-36798 — SEC File Number (identifies the company's SEC registration)
• 4412 — SIC Code (identifies the company's industry as Deep Sea Foreign Transportation of Freight)
• 1231 — Fiscal Year End (indicates the company's fiscal year end date)

Key Players & Entities

• Pangaea Logistics Solutions Ltd. (company) — registrant
• Quartet Holdco Ltd. (company) — former name
• Phoenix Bulk Carriers (US) LLC (company) — address affiliate
• February 15, 2024 (date) — date of report
• April 30, 2014 (date) — date of name change
• Bermuda (location) — state of incorporation
• Newport, Rhode Island (location) — business address

FAQ

Key Financial Figures

• $0.10 — s declared a quarterly cash dividend of $0.10 per common share to be paid on March 15

Filing Documents

• panl-20240215.htm (8-K) — 31KB
• pressreleasedatedfebruary1.htm (EX-99.1) — 7KB
• 0001606909-24-000004.txt ( ) — 163KB
• panl-20240215.xsd (EX-101.SCH) — 2KB
• panl-20240215_lab.xml (EX-101.LAB) — 23KB
• panl-20240215_pre.xml (EX-101.PRE) — 12KB
• panl-20240215_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. On February 15, 2024, Pangaea Logistics Solutions Ltd. ("the "Company") announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per common share to be paid on March 15, 2024 to all shareholders of record as of March 1, 2024. A copy of the press release is filed herewith as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference. The information contained in, or incorporated into, this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that section, nor shall it be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in any such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press Release of Pangaea Logistics Solutions Ltd., dated February 15, 2024 (furnish pursuant to Item 8 .0 1 ). 104 Cover Page Interactive Data File ( embedded within Inline XBRL document) SIGNATURE 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 hereunto duly authorized. Dated: February 15, 2024 PANGAEA LOGISTICS SOLUTIONS LTD. By: /s/ Gianni Del Signore Name: Gianni Del Signore Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR