PSHG News and Press, Performance Shipping Inc. From 05/31/22

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Discussing onerous terms of last week's equity offering and updating net asset value estimates. Providing additional details on the company's recent exchange offer. Friday's sell-off will likely result in the requirement to conduct another reverse stock split next year. Expect...

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Shipping company Performance Shipping (NASDAQ:PSHG) is pricing an underwritten public offering of 7.62M units at $1.05 per unit. The gross proceeds are expected to be ~$8.0M. Each unit consists of 1 common share (or pre-funded warrant in lieu thereof) and 1 class A warrant to purchase 1 commo...

ATHENS, Greece, May 27, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today the pricing of an underwritten public offering of 7,620,000 units at a price of...

Gainers: LogicMark (LGMK) +15%, Genco Shipping & Trading GNK +11%, Terran Orbital (LLAP) +11%, Capstone Green Energy (CGRN) +9%, Espey Mfg. & Electronics (ESP) +9%. Losers: Nordic American Tankers (NAT) -12%, ESS Tech (GWH) -11%, ToughBuilt Industries TBLT -11%, Pe...

Updating investors on changes in fleet composition and net asset value. Unlike most of its larger peers, the company still trades at a substantial discount to NAV. Recent geopolitical events have changed product tanker dynamics materially with the strong charter rate environment now w...

Gainers: Charah Solutions CHRA +22%, Avis Budget Group CAR +12%, Perma-Pipe International (PPIH) +10%, P.A.M. Transportation Services (PTSI) +10%, PyroGenesis Canada (PYR) +9%. Losers: Sky Harbour Group SKYH -11%, Lilium (LILM) -7%, Performance Shipping (PSHG) -7%, Eo...

The following slide deck was published by Performance Shipping Inc. in conjunction with this event. For further details see: Performance Shipping (PSHG) Investor Presentation - Slideshow

ATHENS, Greece, March 11, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it has filed its 2021 Annual Report on Form 20-F for the fiscal year en...