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Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Wednesday, January 19, 1:53 AM

Slide #29. Pyxis Tankers Inc. Preferred Stock Offering

Company: Pyxis Tankers Inc. (NASDAQ:PXS)
Date announced: 7/14/2021
Shares Offered: 308,487
Date of Pricing: 7/14/2021
Price Per Share: $20.00
Preferred Stock Offering Details: Pyxis Tankers Inc. (NASDAQ: PXS, PXSAP, PXSAW) (the "Company" or "Pyxis Tankers"), an international pure play product tanker company, today announced the pricing of an underwritten public offering (the "Offering") of 308,487 shares of 7.75% Series A Cumulative Convertible Preferred Shares (the "Preferred Shares") at a public offering price of $20.00 per share.

Pyxis Tankers is a holding company. Through its subsidiaries, Co. is engaged as an international maritime transportation company focused on the product tanker sector. Co.'s fleet is comprised of double hull product tankers, which are employed under a mix of spot and medium-term time charters. Some of the vessels in the fleet are medium range tankers and some are short-range tanker sister ships. Each of the vessels in the fleet has International Maritime Organization certifications and is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel and fuel oil, as well as other liquid bulk items, such as vegetable oils and organic chemicals.
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Name:  Pyxis Tankers Inc
Sector:  Shipping

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