Welcome to our dedicated page for Performance Shipping news (Ticker: PSHG), a resource for investors and traders seeking the latest updates and insights on Performance Shipping stock.
Performance Shipping Inc (PSHG) provides maritime transportation services through its managed fleet of tanker vessels. This page aggregates official company announcements, press releases, and relevant news updates for investors and industry observers.
Access timely information on PSHG's operational developments, including charter agreements, fleet management updates, and financial reporting. Our curated collection ensures efficient tracking of corporate milestones and regulatory disclosures within the shipping sector.
Discover verified updates covering earnings reports, strategic partnerships, and safety initiatives. Content is organized to support informed decision-making while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to Performance Shipping Inc's latest communications. Check regularly for new developments impacting maritime logistics and tanker operations.
Performance Shipping Inc. (NASDAQ: PSHG) disclosed on April 21, 2023, that it has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The Company’s common stock has been trading below the $1.00 per share mark for 30 consecutive business days, from March 6 to April 17, 2023. Nasdaq's listing rules provide a 180-day grace period, expiring on October 16, 2023, for the company to regain compliance. To remedy this, PSHG aims to maintain a bid price of at least $1.00 for ten consecutive business days. If unsuccessful, the Company might qualify for an additional grace period, provided that it meets other listing standards. During this period, the stock will remain listed and trading on Nasdaq without impacting the Company’s operations.
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