Icon Energy Corp.'s SEC filings document the company’s foreign private issuer reporting as a dry bulk shipping operator. Form 6-K reports furnish commercial updates on vessel employment, time-charter structures, Baltic Panamax and Baltic Supramax index-linked hire, and fleet disclosures covering vessels such as M/V Alfa, M/V Bravo and M/V Charlie.
The filings also record capital-structure and governance matters, including the company’s Form F-3 registration statement, at-the-market offering agreement, Standby Equity Purchase Agreement updates, share repurchase authorization and January 2026 1-for-5 reverse stock split. Proxy and annual meeting materials disclose director elections, auditor ratification, shareholder voting by common shares and Series B Perpetual Preferred Shares, and amendments to the company’s Marshall Islands organizational documents.
Icon Energy Corp. (ICON) common shares are the subject of a reported 325,000-share position held directly by Hampton Financial Corp., equal to 9.0% of the class. Hampton’s chairman and CEO, Peter M. Deeb, may be deemed to beneficially own the shares but disclaims beneficial ownership. The percentage is based on 3,621,833 common shares outstanding as of August 14, 2026. Hampton reported $406,250 from working capital as the funds used for its purchases.
The reporting persons reported the same position as of September 28, 2026 and October 21, 2026, and said no transactions in Icon Energy common shares occurred during the 60 days before October 21, 2026. Hampton sent a letter to Icon Energy’s CFO on September 28, 2026; the reporting persons state that, except for matters set out in their statement including that letter, they currently have no plans or proposals of the types described there and reserve the right to acquire or dispose of additional securities.
Icon Energy Corp. (ICON) says its prospectus relates to the resale from time to time of up to 9,811,933 common shares by YA II PN, Ltd. In a separate commercial update, Icon agreed to acquire an approximately 2.8% equity interest in the entity formed to own a 1,800 TEU ECO containership built in 2023. The vessel is chartered at a fixed hire rate of $24,750 per day through February 2028 at the earliest, with approximately $12 million of Minimum Contracted Revenue.
The investment is expected to be funded from cash on hand and to close by the end of October 2026, subject to definitive documentation and customary closing conditions. Icon will also be entitled to appoint a representative to the vessel-owning entity’s board.
Icon Energy Corp. has agreed to acquire an approximately 2.8% equity interest in an entity formed to own a 1,800 TEU ECO container feeder built in 2023. The vessel is chartered to a major liner operator at a fixed hire rate of $24,750 per day through February 2028 at the earliest, generating approximately $12 million of Minimum Contracted Revenue.
The investment is expected to be funded from cash on hand and to close by the end of October 2026, subject to definitive documentation and customary closing conditions. Icon will also be entitled to appoint a representative to the vessel-owning entity’s board. A consortium of maritime investors led by a containership owner and operator will acquire the vessel and undertake its commercial and technical management. The strategy table also lists a separate 4.6% equity interest in a 2,000 TEU feeder at a fixed hire rate of $26,500 per day through June 2028 at the earliest.
Icon Energy Corp (ICON) filed a prospectus supplement tied to its Form F-1, covering the resale from time to time of up to 9,811,933 common shares by YA II PN, Ltd. The supplement also includes a commercial update on Icon’s shipping operations and market conditions.
Icon reports a fleet of dry bulk vessels employed mainly on time charters, with the M/V Alfa’s index-linked rate converted to a $18,000 per day fixed charter from June to December 2026 and other vessels remaining on index-linked contracts. Minimum Contracted Revenue from current charters is estimated at about $11 million. For the third quarter of 2026, the gross hire rate across the fleet is expected to average roughly $19,000 per vessel per day, up 23% from approximately $15,500 a year earlier, with 100% Vessel Utilization so far and no further scheduled drydockings until the second quarter of 2029. Icon also highlights a 4.6% equity interest co-investment in a 2,000 TEU containership fixed at $26,500 per day through at least June 2028.
Icon Energy Corp. (ICON), a dry bulk shipping company, provides a commercial update highlighting stronger charter performance and contracted revenue visibility. The fleet of three dry bulk vessels is employed on a mix of fixed-rate and index-linked time charters, with fuel costs under all contracts borne by charterers, limiting direct exposure to oil price volatility.
The company has exercised its option on the M/V Alfa, converting its index-linked hire to a fixed rate of $18,000 per day for June–December 2026, while the M/V Bravo and M/V Charlie remain on index-linked charters tied to the Baltic indices. As of the update date, Minimum Contracted Revenue from these contracts is estimated at approximately $11 million, and Icon also holds a 4.6% equity interest in a 2,000 TEU containership earning $26,500 per day on a fixed charter to at least June 2028.
For the third quarter of 2026, the fleet’s gross hire rate is expected to average about $19,000 per vessel per day, a 23% increase from roughly $15,500 in the same quarter of the prior year, with 100% Vessel Utilization achieved so far. All vessel drydockings were completed between December 2025 and June 2026, and no further scheduled downtime or related capital expenditures are anticipated until the second quarter of 2029, positioning the fleet to benefit from a firm dry bulk market.
Icon Energy Corp. filed a prospectus supplement updating its resale registration for up to 9,811,933 common shares by YA II PN, Ltd., and furnished June 30, 2026 unaudited interim financials. Common shares trade on Nasdaq Capital Market under symbol ICON at $1.03 on August 13, 2026.
For the six months ended June 30, 2026, Icon reported revenue of $7,832 thousand and a net loss of $367 thousand, a substantial improvement from a $3,694 thousand loss a year earlier, while cumulative dividends on Series A preferred shares were $2,436 thousand. Total assets were $64,843 thousand, long‑term debt net was $33,821 thousand, and cash and cash equivalents were $7,716 thousand.
The company adopted an Equity Incentive Plan initially reserving 540,000 common shares and 3,200 Series A preferred shares, with an automatic increase to 15% of fully diluted shares. A limited waiver with the sole Series A holder waived a dividend rate increase and certain conversion rights in exchange for a restricted stock dividend of $1.5 million in common shares by December 31, 2026, subject to a 180‑day lock‑up.
Icon Energy Corp. reported stronger operating performance for the six months ended June 30, 2026. Revenue was $7.8 million, up from $3.5 million a year earlier, driven largely by the Ultramax M/V Charlie finance-leased in 2025, while net loss narrowed to $0.4 million from $3.7 million.
Operating loss was modest at $0.1 million as higher vessel operating, drydocking and G&A costs offset revenue growth. Operating activities used $1.9 million of cash, but equity issuances under a standby equity purchase agreement and an ATM program plus earlier offerings provided $6.0 million of financing cash, lifting cash and restricted cash to $8.2 million.
Total assets were $64.8 million, including $49.5 million of vessels and $3.6 million of deferred drydocking costs. Long-term debt, including a finance lease on M/V Charlie, was $33.8 million net of costs, with the company stating compliance with loan covenants and $13.9 million of minimum contracted charter revenue through 2027.
Common equity increased through share issuances to 3.9 million shares issued, partly offset by repurchase of 111,082 shares. Preferred financing remains significant: cumulative dividends on Series A Preferred Shares were $2.4 million in the period at a 25.7% rate, and a limited waiver commits Icon to pay a $1.5 million restricted stock dividend by December 31, 2026. The company also adopted a new Equity Incentive Plan in August 2026.
Icon Energy Corp disclosed an internal restructuring-style transaction involving its Series A Cumulative Convertible Perpetual Preferred Shares. On June 30, 2026, Atlantis Holding Corp., an entity controlled by CEO and director Panagiotidi Ismini Evangelia, received 2,436 Series A Preferred Shares as a dividend paid in kind rather than in cash.
The company approved dividends on these preferred shares in an aggregate amount of $2,436,053 and satisfied this obligation by issuing 2,436 additional Series A Preferred Shares. Following this issuance, Atlantis held 21,390 Series A Preferred Shares. These preferred shares are convertible into common shares at the holder’s option until July 15, 2032 at a conversion price equal to the lesser of $1,200 and the five-day volume weighted average price of Icon Energy’s common shares before a conversion notice.
Icon Energy Corp’s major holder Atlantis Holding Corp, together with Ismini Panagiotidi, has updated its Schedule 13D to reflect its current stake. They report beneficial ownership of 23,954,522 common shares on an as-converted basis, representing 86.4% of the class under Rule 13d-3(d)(1)(i).
This figure includes 1,000 common shares and 23,953,522 shares issuable from 21,390 Series A Cumulative Convertible Perpetual Preferred Shares. On June 30, 2026, Atlantis received an additional 2,436 Series A Preferred Shares as a pay-in-kind dividend, increasing its convertible position. All Series A Preferred Shares are convertible into common shares from July 16, 2025 through July 15, 2032. Panagiotidi controls Atlantis, so both reporting persons share voting and dispositive power over the reported shares, and they state no other common share transactions in the prior sixty days.
Icon Energy Corp. registers 9,811,933 common shares for resale by YA II PN, Ltd. The prospectus supplement updates the March 13, 2026 prospectus and states the shares may be sold from time to time by the selling holder.
The supplement discloses a last reported sale price of $1.09 per share as of June 8, 2026 and furnishes interim condensed consolidated financial statements as of March 31, 2026. It also describes a new Master Management Agreement with Pavimar Shipping Co., retroactively effective April 1, 2026, that sets recurring Corporate Services fees, ship management fees, capital raising commissions, and other contingent incentive fees.