- Performance Shipping ( NASDAQ: PSHG ) has provided notice of termination of the ATM Sales Agreement with Virtu Americas dated Dec. 9, 2022.
- The Co. is terminating the ATM Agreement because it does not intend to raise additional capital or sell additional shares under the ATM Agreement.
- Prior to termination, the Co. issued and sold ~0.37M shares of its common stock under the ATM Agreement at an average price/share of $3.30, raising total gross proceeds of ~$1.2M.
- PSHG is +14.12% to $2.54.
For further details see:
Performance Shipping stock rallies as it terminates ATM offering