Form 8-K International Seaways, For: Dec 20

Go back to Form 8-K International Seaways, For: Dec 20

International Seaways (INSW) Enters Equity Distribution Agreement

December 20, 2023 5:16 PM EST

On December 20, 2023, International Seaways (NYSE: INSW) updated and renewed its at the market offering program in connection with general corporate housekeeping and entered into an Equity Distribution Agreement (the Distribution Agreement) with Evercore Group L.L.C. and Jefferies LLC, as sales agents (the Sales Agents), to issue and sell through or to the Sales Agents, from time to time, shares of its Common Stock, no par value (the Common Stock), in at the market offerings having an aggregate gross sales price of up to $100,000,000. Each Sales Agent will receive from the Company a commission of up to... More