Sphinx Investment Corp. Amends Performance Shipping Stake

TL;DR

Sphinx Investment Corp. updated its 13D filing for Performance Shipping Inc. on Feb 5, 2025.

AI Summary

On February 5, 2025, Sphinx Investment Corp. filed an amendment to its Schedule 13D, reporting a change in beneficial ownership of Performance Shipping Inc. The filing indicates a shift in holdings by George Economou and Maryport Navigation Corp. The specific details of the change in beneficial ownership and the total number of shares held are not fully detailed in this excerpt.

Why It Matters

This filing signals a potential shift in control or significant influence over Performance Shipping Inc., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate activist investor activity or significant stake-building, which may lead to volatility.

Key Players & Entities

• Sphinx Investment Corp. (company) — Filing entity
• Performance Shipping Inc. (company) — Subject company
• George Economou (person) — Group member with potential ownership change
• Maryport Navigation Corp. (company) — Group member with potential ownership change

FAQ

Key Financial Figures

• $0.01 — mes of Filing Persons) Common shares, $0.01 par value (including the associated P
• $3.00 — may be amended from time to time)), for $3.00 per Share in cash, without interest, le

Filing Documents

• tm255560d1_sctota.htm (SC TO-T/A) — 74KB
• tm255560d1_ex99-a1t.htm (EX-99.(A)(1)(T)) — 11KB
• 0001104659-25-009708.txt ( ) — 88KB

of the Schedule TO

Item 12 of the Schedule TO is hereby amended and supplemented by adding the following text thereto: Exhibit Description (a)(1)(T) Press Release issued by Sphinx Investment Corp. on February 5, 2025 (filed herewith).

SIGNATURES

SIGNATURES After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 5, 2025 SPHINX INVESTMENT CORP. By: Levante Services Limited By: /s/ Kleanthis Costa Spathias Kleanthis Costa Spathias Director MARYPORT NAVIGATION CORP. By: Levante Services Limited By: /s/ Kleanthis Costa Spathias Kleanthis Costa Spathias Director George Economou /s/ George Economou George Economou EXHIBIT INDEX Exhibit Description (a)(1)(A) Offer to Purchase* (a)(1)(B) Form of Letter of Transmittal* (a)(1)(C) Form of Notice of Guaranteed Delivery* (a)(1)(D) Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees* (a)(1)(E) Form of Letter to Clients for Use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees* (a)(1)(F) Form of Summary Advertisement as published in the New York Times on October 11, 2023 * (a)(1)(G) Amended and Restated Offer to Purchase* (a)(1)(H) Form of revised Letter of Transmittal* (a)(1)(I) Form of revised Notice of Guaranteed Delivery* (a)(1)(J) Form of revised Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees* (a)(1)(K) Form of revised Letter to Clients for Use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees* (a)(1)(L) Complaint filed by Sphinx Investment Corp. in the Supreme Court of the State of New York located in the County of New York* (a)(1)(M) Press Release issued by Sphinx Investment Corp. on October 30, 2023* (a)(1)(N) Press Release issued by Sphinx Investment Corp. on November 15, 2023* (a)(1)(O) Supplement to Amended and Restated Offer to Purchase dated December 5, 2023* (a)(1)(P) Press Release issued by Sphinx Investment Corp. on March 26, 2024* (a)(1)(Q) Press Release issued by Sphinx Investment Corp. on June 27, 2024* (a)(1)(R) Complaint

View Full Filing

View this SC 13D/A filing on SEC EDGAR