Tender Offer - Performance Shipping Inc.

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Form Type: SC 13D/A

Filing Date: 2025-02-05

Corporate Action: Tender-offer

Type: Update

Accession Number: 000110465925009708

Filing Summary: On February 5, 2025, Sphinx Investment Corp., the Offeror, announced an extension of the expiration date of its tender offer for the common shares of Performance Shipping Inc. The new expiration date is set for July 31, 2025, extending from the previous date of February 18, 2025. As of February 4, 2025, approximately 1,695,424 shares had been tendered into the Offer and not withdrawn. This filing also serves as Amendment No. 15 to the Schedule 13D originally filed on August 25, 2023, further detailing the ongoing tender offer process for the common shares priced at $3.00 per share. The filing incorporates all prior amendments and references to the offer documents, maintaining transparency in the tender offer process.

Document Link: View Document

Additional details:

Reporting Person Name: Sphinx Investment Corp.


Reporting Person Group Member: yes


Source Of Funds: WC


Citizenship Or Place Of Organization: Republic of the Marshall Islands


Aggregate Amount Beneficially Owned: 1,033,859


Percent Of Class Represented: 8.3%


Reporting Person Name: Maryport Navigation Corp.


Reporting Person Group Member: yes


Source Of Funds: AF


Citizenship Or Place Of Organization: Liberia


Aggregate Amount Beneficially Owned: 1,033,859


Percent Of Class Represented: 8.3%


Reporting Person Name: George Economou


Reporting Person Group Member: yes


Source Of Funds: AF


Citizenship Or Place Of Organization: Greece


Aggregate Amount Beneficially Owned: 1,033,859


Percent Of Class Represented: 8.3%


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