Heidmar Maritime Holdings Corp. Update on Common Share Purchases by CEO

Rhea-AI Summary

Heidmar Maritime Holdings (NASDAQ: HMR) announced that CEO Pankaj Khanna purchased 55,900 common shares in the open market during September 2025 at an average price of $1.30 per share, representing a total investment of approximately $72,670.

Following the purchases, Mr. Khanna beneficially owns 26,302,613 common shares, or about 45% of the company’s outstanding shares. He holds 26,238,379 shares through Rhea Marine Ltd. and the remainder directly in his personal account. The announcement is dated October 22, 2025 and the company said the information is accurate as of that date.

Positive

• CEO purchased 55,900 shares in September 2025
• CEO increased personal stake with ~$72,670 invested
• CEO beneficial ownership of ~26.3M shares (~45% outstanding)

Negative

• High insider concentration with ~45% of shares beneficially owned may limit free float
• Open-market purchase amount (~$72,670) is modest relative to total holdings

ATHENS, Greece and NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Heidmar Maritime Holdings Corp. (the "Company" or "Heidmar") (NASDAQ: HMR) announced today that its Chief Executive Officer, Pankaj Khanna, purchased 55,900 shares of the Company’s common stock in the open market during September 2025. Mr. Khanna purchased these shares at an average price of $1.30 per share, representing a total investment of approximately $72,670.

Following these purchases, Mr. Khanna beneficially owns 26,302,613 common shares, representing approximately 45% of the Company’s outstanding shares. Mr. Khanna holds 26,238,379 of these shares through his ownership of Rhea Marine Ltd. and holds the remainder of these shares, including the shares he purchased in the open market in September, directly in his personal account.

Pankaj Khanna, the Company’s Chief Executive Officer, stated:

“I am increasing my personal investment in Heidmar to demonstrate confidence in our long-term strategy and to further align my interests with those of our shareholders.”

This information is accurate as of the date of this announcement, and Heidmar is under no obligation to update this information, nor is Heidmar under any obligation to provide similar information for any future period.

About Heidmar, Inc.

Celebrating its 40th anniversary this year, Heidmar is an Athens based, commercial and pool management business servicing the crude and product tanker market and is committed to safety, performance, relationships and transparency. With operations in Athens, London, Singapore, Chennai, Hong Kong and Dubai, Heidmar has a reputation as a reliable and responsible partner with a goal of maximizing our customers' profitability. Heidmar seeks to offer vessel owners a "one stop" solution for all maritime services in the crude oil, refined petroleum products and dry bulk shipping sectors. Heidmar believes its unique business model and extensive experience in the maritime industry allows the Company to achieve premier market coverage and utilization, as well as provide customers in the sector with seamless commercial transportation services. For more information, please visit www.heidmar.com.

Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the Company. All statements other than statements of historical facts contained in this press release, including statements regarding the Company’s future results of operations and financial position, business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Heidmar are forward-looking statements. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include unforeseen liabilities, expansion and growth of the Company’s operations, the failure of counterparties to fully perform their contracts with the Company, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker, drybulk or container vessel capacity, changes in the Company’s operating expenses, demand for the Company’s managed fleet, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general international geopolitical conditions and conflicts, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off‐hires, and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond the Company’s control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations.

CONTACT INFORMATION:

Investor Relations/Media Contact:

Nicolas Bornozis / Daniela Guerrero
Capital Link, Inc.
230 Park Avenue, Suite 1540
New York, N.Y. 10169
Tel.: (212) 661-7566
Email: heidmar@capitallink.com

FAQ

What did Heidmar (HMR) announce on October 22, 2025 about CEO share purchases?

Heidmar said CEO Pankaj Khanna bought 55,900 shares in September 2025 at an average price of $1.30 per share, investing about $72,670.

How many Heidmar (HMR) shares does CEO Pankaj Khanna beneficially own after the purchase?

Following the purchase, Mr. Khanna beneficially owns 26,302,613 common shares, or approximately 45% of outstanding shares.

How are Pankaj Khanna’s Heidmar (HMR) shares held between Rhea Marine and his personal account?

Mr. Khanna holds 26,238,379 shares through Rhea Marine Ltd. and the remainder, including the September purchases, directly in his personal account.

When were the Heidmar (HMR) shares purchased by the CEO?

The shares were purchased in the open market during September 2025.

What was the average price and total cost of the CEO’s September 2025 Heidmar (HMR) purchases?

The average purchase price was $1.30 per share, for a total investment of approximately $72,670.

Does Heidmar (HMR) plan to update this ownership information after October 22, 2025?

The company said the information is accurate as of October 22, 2025 and it is under no obligation to update it or provide similar future information.