United Maritime Corp SEC Filings

United Maritime Corp director and officer Stavros Gyftakis reported an open-market sale of 5,000 shares of common stock, par value $0.0001 per share, on July 13, 2026 at $2.64 per share. After this transaction, he directly holds 246,678 United Maritime shares.

United Maritime Corporation is registering up to $300,000,000 of securities on a shelf basis, including common shares, preferred shares, debt securities, warrants, purchase contracts, rights, depositary shares and units. Specific terms for each issuance will be set in future prospectus supplements and may involve underwriters, agents or direct sales.

The company’s common shares trade on the Nasdaq Capital Market under the symbol USEA. The aggregate market value of common shares held by non-affiliates was $19,165,604, based on 7,178,129 shares at $2.67 per share on July 10, 2026. Net proceeds from offerings are expected to fund expansion of its dry bulk fleet and other general corporate purposes. United Maritime operates six dry bulk vessels with about 666,260 dwt of capacity and an average age of 13.7 years, and maintains an anti-takeover Rights Agreement and Class A Warrants that include ownership and exercise limits.

United Maritime Corp director Dimitrios Kostopoulos reported an open-market purchase of 20,000 shares of common stock at $2.4000 per share. After this transaction, he directly owns 320,000 shares, increasing his personal stake in the company.

United Maritime Corporation reported sharply improved first quarter 2026 results and maintained its quarterly dividend. Net revenues were $7.9 million, broadly flat year over year, but net loss narrowed to $0.1 million from $4.5 million. Adjusted net income reached $0.2 million versus an adjusted net loss of $4.4 million a year earlier.

Adjusted EBITDA rose to $3.2 million from $0.9 million, helped by a higher Time Charter Equivalent rate of $15,591 per day, up from $9,953. The company declared a cash dividend of $0.10 per share for the quarter, its 14th consecutive distribution. Management highlighted ongoing fleet repositioning, including the sale of the Kamsarmax M/V Cretansea for about $14.7 million and the agreed $29.5 million acquisition of the Capesize M/V Squireship, supported by a Huarong sale-and-leaseback facility.

United Maritime Corporation has filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the SEC, and made it available through the Investors/Annual Reports section of its website. The company operates six dry bulk vessels totaling 577,750 dwt. Following the announced sale of the M/V Cretansea and acquisition of the M/V Squireship, its fleet is expected to remain at six vessels, with two Capesize, one Kamsarmax and three Panamax vessels, and aggregate capacity increasing to 666,260 dwt.

United Maritime Corporation, a Marshall Islands dry bulk shipping company listed on Nasdaq, filed its annual report on Form 20‑F describing its business, capital structure, and extensive industry risks. As of December 31, 2025, it had 9,083,645 common shares and 40,000 Series B preferred shares outstanding.

The report highlights exposure to highly volatile dry bulk charter markets, geopolitical conflicts, pandemics, climate and environmental regulation, fuel price swings, and new trade and port fee regimes in the U.S. and China. It also explains dependence on index-linked charters, potential covenant pressure if vessel values fall, and significant compliance obligations under IMO and EU emissions and ballast water rules.

United Maritime Corp director and officer Stavros Gyftakis reported an open-market sale of 5,000 shares of common stock. The transaction occurred on April 6, 2026 at an average price of $2.0794 per share. After this sale, he directly holds 251,678 common shares, indicating he retains a substantial position in the company.

Stamatios Tsantanis filed Amendment No. 3 to his Schedule 13D on United Maritime Corp, updating his ownership and recent equity awards. He reports beneficial ownership of 1,394,534 shares of common stock, representing approximately 14.62% of the outstanding class.

The percentage is based on 9,538,139 shares of common stock outstanding as of April 7, 2026. On March 9, 2026, Tsantanis, as an executive officer, was issued 200,000 shares under United Maritime’s 2022 Equity Incentive Plan, subject to vesting on specified dates through September 9, 2027.

United Maritime Corporation reported weaker 2025 results but continued returning cash and reshaping its fleet. Full-year net revenues were $37.8 million versus $45.4 million in 2024, with net loss widening to $6.2 million from $3.4 million. Adjusted EBITDA declined to $12.9 million from $20.3 million.

The company declared a quarterly dividend of $0.10 per share for Q4 2025, bringing total 2025 dividends to $0.23 per share and marking its 13th consecutive quarterly payout. It also repurchased 67,665 shares in Q4 2025.

United is reallocating capital into higher-earning Capesize vessels, selling the Kamsarmax M/V Cretansea for $14.7 million and exiting an offshore energy vessel investment for approximately €13.0 million, while adding the Capesize M/V Dukeship via bareboat charter and agreeing to acquire the Capesize M/V Squireship for $29.5 million. Cash and restricted cash stood at $14.6 million as of December 31, 2025, with long-term debt and related liabilities reduced to $64.8 million from $97.7 million a year earlier.