It is reminded that the company had signed the SEPA agreement with an investor on August 27, 2025, securing the possibility – but not the obligation – to issue shares worth up to 20 million dollars within the next three years, under specific terms.
The SEPA operates as a “funding line” that is activated at Icon’s discretion, with the investor committing to purchase the shares issued to them.
Icon Energy Corp. maintains its chief executive office in Athens, while its shares are traded on the Nasdaq under the symbol ICON. Its listed fleet includes three bulkers: Alfa, Bravo and Charlie.
