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Okeanis Eco Tankers Corp. 424B Filings

ECO NYSE

Every 424B that Okeanis Eco Tankers Corp. (ECO) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 424B covers the supplement that carries the terms of a priced offering, so if you follow ECO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ECO filings page.

Rhea-AI Summary

Okeanis Eco Tankers Corp. is offering 3,611,111 common shares at $36.00 per share in a primary equity raise. The sale is expected to generate gross proceeds of $129,999,996.00 and net proceeds of approximately $124.7 million after paying placement agents’ fees and expenses.

The company plans to use all net proceeds to partially fund two newbuilding Suezmax tankers priced at $99.3 million each, which are scheduled for delivery in the second quarter of 2026, with the balance to be covered by cash on hand and additional financing. Following the offering, common shares outstanding will increase from 35,433,544 to 39,044,655, implying meaningful dilution, though the capital supports fleet growth and follows a prior 2025 registered direct offering used to finance earlier vessel acquisitions.

Rhea-AI Summary

Okeanis Eco Tankers Corp. is conducting a primary offering of common shares on its effective shelf registration to raise equity capital. The company plans to use all net proceeds to help fund the acquisition of two newbuilding Suezmax tankers under memoranda of agreement signed in January 2026, each with an agreed purchase price of $99.3 million, in line with its fleet growth strategy. Any shortfall versus the purchase prices is expected to be covered by cash on hand and additional debt or sale‑leaseback financing, and if one or both vessel acquisitions do not close, the proceeds may be used for general corporate purposes.

Okeanis currently operates a modern fleet of 16 eco tankers (eight Suezmax and eight VLCC) with total carrying capacity of about 3.5 million deadweight tons and an average age of 6.4 years as of December 31, 2025. Recent actions include exercising purchase options on two VLCCs for about $94.1 million, acquiring two Daehan-built Suezmaxes, paying dividends of $22.5 million and $26.6 million in 2025, and entering into two $45.0 million loan facilities to finance the new Suezmax vessels.

The company provides preliminary trading guidance for the fourth quarter of 2025, estimating fleetwide Daily Time Charter Equivalent (TCE) of approximately $75,400 per operating day, with VLCC TCE around $91,300 and Suezmax TCE around $50,800. It also reports that a portion of early 2026 spot days has been fixed at higher average TCE levels across the fleet, supported by a spot‑focused employment strategy for its scrubber‑equipped, fuel‑efficient vessels.

Rhea-AI Summary

Okeanis Eco Tankers Corp. is conducting a primary offering of 3,239,436 common shares at $35.50 per share, for gross proceeds of about $115.0 million. After placement fees and expenses, the company expects net proceeds of approximately $110.7 million, which it plans to use to help fund the purchase of two newbuilding Suezmax tankers priced at $97 million each. Any remaining funding for these vessels is expected to come from cash on hand and additional debt or sale-leaseback financing.

Common shares outstanding were 32,194,108 as of this prospectus supplement and are expected to rise to 35,433,544 after the offering, excluding treasury shares. The new shares are expected to be eligible for a previously declared cash dividend of $0.75 per share if issued before the stated record date. The transaction fits into the company’s growth strategy of expanding its modern, scrubber‑equipped crude tanker fleet.

Rhea-AI Summary

Okeanis Eco Tankers Corp. is launching a primary offering of common shares to several institutional investors under an effective shelf registration. The company plans to use all net proceeds to partially fund the acquisition of two newbuilding Suezmax tankers, each priced at $97 million and expected to be delivered from a South Korean yard in January 2026, with the purchases contingent on raising sufficient capital. Okeanis currently operates a modern eco fleet of 14 crude oil tankers with total carrying capacity of about 3.5 million deadweight tons and an average age of 6.1 years as of September 30, 2025. Recent developments include exercising purchase options on two VLCCs for about $94.1 million in total, paying cash dividends of $0.32, $0.70 and a declared $0.75 per share in 2025, and arranging a new $65 million secured term loan. The filing highlights dilution risk from new share issuances, execution and financing risk around the newbuildings, and potential cost impacts from new U.S. and Chinese port fee regimes after a one-year suspension.