Update on OutstandingCommon Shares and Warrants

As of September 29, 2023, Performance Shipping Inc. (the "Company") had outstanding 11,734,683 common shares. In addition, the following common share purchase warrants were outstanding as of September 29, 2023:


•
Class A Warrants to purchase up to 567,366 common shares at an exercise price of $15.75 per common share;


•
Warrants issued July 19, 2022, to purchase up to 1,033,333 common shares at an exercise price of $1.65 per common share;


•
Warrants issued August 16, 2022, to purchase up to 2,122,222 common shares at an exercise price of $1.65 per common share;


•
Series A Warrants issued March 3, 2023, which are exchangeable for up to 14,300 common shares; and


•
Series B Warrants issued March 3, 2023, to purchase up to 4,167,000 common shares at an exercise price of $2.25 per common share.

Finally, the Company had 50,726 shares of its Series B Convertible Cumulative Perpetual Preferred Stock and 1,473,638 shares of its Series C Convertible Cumulative Redeemable Perpetual Preferred Stock outstanding.

The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company's registration statement on Form F-3 (File No. 333-197740), filed with the U.S. Securities and Exchange Commission (the "SEC") with an effective date of August 13, 2014, the Company's registration statement on Form F-3 (File No. 333-266946), filed with the SEC with an effective date of August 29, 2022, and the Company's registration statement on Form F-3 (File No. 333-271398), filed with the SEC with an effective date of May 4, 2023.

Attachments

Disclaimer

Performance Shipping Inc. published this content on 29 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2023 22:00:36 UTC.