Atlas Corp. Files 6-K with Seaspan Financials

TL;DR

Atlas Corp. dropped Q2 2025 financials for Seaspan Corp. via 6-K.

AI Summary

Atlas Corp. filed a Form 6-K on August 14, 2025, reporting financial information for Seaspan Corporation for the quarterly period ended June 30, 2025. The filing includes financial data for Seaspan Corporation as of and for the three and six months ended June 30, 2025. Bing Chen, CEO and Interim CFO of Atlas Corp., signed the report.

Why It Matters

This filing provides investors with updated financial performance data for Seaspan Corporation, a key operating subsidiary of Atlas Corp., for the second quarter of 2025.

Risk Assessment

Risk Level: low — This is a routine financial reporting document (6-K) and does not contain new strategic announcements or significant financial events.

Key Players & Entities

• Atlas Corp. (company) — Registrant
• Seaspan Corporation (company) — Subsidiary whose financial information is reported
• June 30, 2025 (date) — End of reporting period
• August 14, 2025 (date) — Filing date
• Bing Chen (person) — CEO and Interim CFO of Atlas Corp.

FAQ

Key Financial Figures

• $2,661,000 — 30, 2025, the Company earned revenue of $2,661,000 and $5,764,000, respectively (2024 – $2
• $5,764,000 — ompany earned revenue of $2,661,000 and $5,764,000, respectively (2024 – $2,584,000 and $5
• $2,584,000 — 00 and $5,764,000, respectively (2024 – $2,584,000 and $5,298,000 respectively) and incurr
• $5,298,000 — 00, respectively (2024 – $2,584,000 and $5,298,000 respectively) and incurred expenses of
• $2,511,000 — respectively) and incurred expenses of $2,511,000 and $5,464,000, respectively (2024 – $2
• $5,464,000 — and incurred expenses of $2,511,000 and $5,464,000, respectively (2024 – $2,434,000 and $4
• $2,434,000 — 00 and $5,464,000, respectively (2024 – $2,434,000 and $4,842,000 respectively) in connect
• $4,842,000 — 00, respectively (2024 – $2,434,000 and $4,842,000 respectively) in connection with the sh
• $3,568,000 — ded June 30, 2025, the Company incurred $3,568,000 and $5,906,000, respectively (2024 – $4
• $5,906,000 — 25, the Company incurred $3,568,000 and $5,906,000, respectively (2024 – $4,455,000 and $6
• $4,455,000 — 00 and $5,906,000, respectively (2024 – $4,455,000 and $6,942,000, respectively) under the
• $6,942,000 — 00, respectively (2024 – $4,455,000 and $6,942,000, respectively) under these agreements.
• $210,300,000 — ONE for an aggregate purchase price of $210,300,000 (note 5). Both vessels were delivered i
• $171,390,000 — 25, the Company earned total revenue of $171,390,000 and $339,341,000, respectively (2024 –
• $339,341,000 — arned total revenue of $171,390,000 and $339,341,000, respectively (2024 – $146,296,000 and

Filing Documents

• scq220256-k.htm (6-K) — 915KB
• 0001628280-25-040426.txt ( ) — 916KB

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. ATLAS CORP. Date August 14, 2025 By s Bing Chen Bing Chen Chief Executive Officer and Interim Chief Financial Officer (Principal Executive, Financial and Accounting Officer) INDEX EXHIBIT I

Financial Statements

Financial Statements 1

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 20 Unless we otherwise specify, when used in this Report, the terms "Seaspan", the "Company", "we", "our" and "us" refer to Seaspan Corporation and its subsidiaries. INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) SEASPAN CORPORATION Interim Consolidated Balance Sheets (Unaudited) (Expressed in millions of United States dollars) June 30, 2025 December 31, 2024 Assets Current assets Cash and cash equivalents $ 1,397.3 $ 757.4 Accounts receivable 116.6 68.7 Due from related party (note 3) 19.2 16.5 Prepaid expenses and other 74.7 67.2 Net investment in lease (note 4) 55.3 53.2 Assets held for sale (note 5) 12.6 89.7 1,675.7 1,052.7 Vessels (note 5) 12,446.7 12,363.1 Right-of-use asset (note 6) 239.5 480.3 Net investment in lease (note 4) 2,131.3 2,161.3 Goodwill 75.3 75.3 Derivative instruments (note 14) 67.8 97.4 Other assets (note 7) 309.2 235.4 $ 16,945.5 $ 16,465.5 Liabilities and shareholder's equity Current liabilities Accounts payable and accrued liabilities $ 370.1 $ 326.2 Deferred revenue 74.8 75.6 Long-term debt - current (note 8) 103.6 103.6 Operating lease liabilities - current 15.2 13.9 Finance lease liabilities - current (note 9) 173.5 409.4 Other financing arrangements - current (note 10) 494.4 491.7 1,231.6 1,420.4 Long-term debt (note 8) 2,643.3 2,691.3 Operating lease liabilities 41.8 43.0 Other financing arrangements (note 10) 7,200.0 7,176.0 Other liabilities 361.1 398.2 Total liabilities 11,477.8 11,728.9 Shareholder's equity Share capital 2.5 2.5 Additional paid in capital 4,441.1 4,000.4 Retained earnings 1,039.7 749.8 Accumulated other comprehensive loss (15.6) (16.1) 5,467.7 4,736.6 $ 16,945.5 $ 16,465.5 Commitments and contingencies (note 13) Subsequent events (note 15) See accompanying notes to interim consolidated financial statements. 1 SEASPAN CORPORATION Interim Consolidated Statements

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View this 6-K filing on SEC EDGAR