M&A - Castor Maritime Inc.
Form Type: NT 20-F
Filing Date: 2025-04-30
Corporate Action: Acquisition
Type: New
Accession Number: 000114036125016650
Filing Summary: Castor Maritime Inc. is unable to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 by the due date due to the acquisition of a majority stake in Münchmeyer Petersen & Co. GmbH (MPC Capital) which occurred on December 16, 2024. The Company requires extra time to finalize its financial statements as it needs to convert MPC Capital's financials from German GAAP to U.S. GAAP and complete the acquisition accounting for this transaction. The filing is expected to be submitted within the extended timeframe permitted by the SEC rules.
Additional details:
Full Name Of Registrant: Castor Maritime Inc.
Address Of Principal Executive Office: 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus
Name Contact Person: Petros Panagiotidis
Telephone Number: +357 25357767
Acquisition Date: 2024-12-16
Acquired Company Name: Münchmeyer Petersen & Co. GmbH
Financial Statement Conversion Required: German GAAP to U.S. GAAP
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