Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services announced today that it will release its fourth quarter and twelve months' operating and financial results for the period ended December 31, 2021 before the market opens in New York on March 29, 2022. On March 29, 2022 at 11:00 am ET, the company's management will host a conference call to discuss [...]
Imperial Petroleum Inc. announced today the closing of an upsized underwritten public offering of 37,500,000 units at a price of $1.60 per unit. Each unit consisted of one common share and one Class B warrant to purchase one common share, and immediately separated upon issuance. In addition, the Company granted the underwriter a 45-day option to purchase up to an additional 5,624,950 common shares and/or prefunded [...]
Imperial Petroleum Inc. announced today the pricing of an upsized underwritten public offering of 37,500,000 units at a price of $1.60 per unit. Each unit consists of one common share and one Class B warrant to purchase one common share, and will immediately separate upon issuance. The gross proceeds of the offering to the Company, before underwriting discounts and commissions and estimated offering expenses, are expected [...]
Imperial Petroleum Inc. , a ship-owning company providing petroleum product and crude oil seaborne transportation services, today announced a dividend of approximately $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock , payable on March 30, 2022 to holders of record as of March 25, 2022. The dividend payment relates to the period from the last dividend payment date for the Series A [...]
Imperial Petroleum Inc. announced today that it has entered into an agreement to acquire two M.R. refined petroleum product tankers, built at SLS Shipbuilding, South Korea in 2008 and at Shin Kurushima Dockyard, Japan in 2011 respectively, with an aggregate capacity of approximately 97,000 dwt, from Brave Maritime for an aggregate purchase price of about $31 million, with delivery on a charter free basis expected by end [...]
Imperial Petroleum announced today the closing of an upsized underwritten public offering of 9,600,000 units at a price of $1.25 per unit. Each unit consisted of one common share and one Class A warrant to purchase one common share, and immediately separated upon issuance. In addition, the Company granted the underwriter a 45-day option to purchase up to an additional 1,440,000 common shares and/or prefunded warrants [...]
Imperial Petroleum announced today the pricing of an upsized underwritten public offering of 9,600,000 units at a price of $1.25 per unit. Each unit consists of one common share (or prefunded warrant in lieu thereof) and one Class A warrant to purchase one common share, and will immediately separate upon issuance. The gross proceeds of the offering to the Company, before underwriting discounts and commissions and [...]
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