Welcome to our dedicated page for Icon Energy news (Ticker: ICON), a resource for investors and traders seeking the latest updates and insights on Icon Energy stock.
Icon Energy Corp. (Nasdaq: ICON) is an international shipping company based in Athens, Greece, that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels. This news page aggregates press releases and market updates related to Icon’s operations, fleet, capital structure and Nasdaq listing status.
According to the company’s announcements, Icon’s fleet includes Panamax, Kamsarmax and Ultramax dry bulk carriers such as the M/V Alfa, M/V Bravo and M/V Charlie. News items cover vessel acquisitions and deliveries, bareboat charter-in arrangements, time charter-out contracts with international commodity trading conglomerates and other dry bulk operators, and index-linked charter strategies tied to the Baltic Panamax Index and the Baltic Supramax Index.
Investors and followers of ICON stock can use this page to review updates on public offerings of common shares and units, the Standby Equity Purchase Agreement (SEPA) with YA II PN, Ltd. (Yorkville), share repurchase program authorizations, and term loan facilities used to finance vessel acquisitions. The feed also includes announcements about cash dividends on common shares, reverse stock splits intended to address Nasdaq minimum bid price requirements, and notifications related to listing compliance.
Commercial updates, such as changes in vessel employment, index-linked hire rates and utilization, are also reflected in Icon’s news releases and can be accessed here. By reviewing this collection of company-issued news, users can track how Icon Energy Corp. manages its dry bulk fleet, capital resources and listing obligations over time.
Icon Energy (Nasdaq: ICON) announced a commercial update dated April 1, 2026. The company secured a 16–20 month charter for the M/V Charlie expected to start after its April 2026 charter, adding approximately $7.2 million to estimated minimum contracted revenue.
The new charter is index-linked to the Baltic Supramax Index with an option to convert to a fixed hire rate, includes compensation for scrubber-derived fuel savings, and assigns fuel costs to the charterer. Icon's fleet also includes Alfa (Panamax, evergreen index-linked TC) and Bravo (Kamsarmax, evergreen index-linked TC).
Icon Energy (Nasdaq: ICON) provided a commercial update on March 19, 2026, reporting strong first-quarter 2026 operating metrics and financing activity.
The company expects an average gross hire of $14,000/day (up 63% YoY), Operating Days +50% YoY from the June 2025 addition of M/V Charlie, and Q1 2026 revenue, net $3.5–3.7M (versus $1.5M in Q1 2025). Icon raised $6.9M net via equity issuance at an average price of $2.82/share.
Icon Energy Corp. (Nasdaq: ICON) announced that it sold 1,136,470 common shares under its Standby Equity Purchase Agreement (SEPA) entered August 27, 2025, at an average price of $3.11 per share. The company reported net proceeds of $3.5 million and said proceeds will be used for general corporate purposes and to pursue growth opportunities and strategic initiatives. Icon stated the average sale price exceeded the volume-weighted average market price during the respective period and described the SEPA as a flexible source of capital subject to its terms and conditions. As of January 21, 2026, Icon reported 2,508,470 common shares issued and outstanding.
Icon Energy (Nasdaq: ICON) announced on Jan 13, 2026 that year-to-date it sold 680,023 common shares under its Standby Equity Purchase Agreement (SEPA), generating net proceeds of $2.3 million at an average price of $3.31 per share.
Icon entered the SEPA on Aug 27, 2025, giving the investor an obligation to buy, and Icon the right to issue, up to $20 million of common shares over three years, subject to terms and conditions. The company said it views the SEPA as a flexible source of capital to support operations and pursue growth opportunities.
Icon Energy (Nasdaq: ICON) announced a 1-for-5 reverse stock split effective at the opening of trading on January 8, 2026. Post-split the ticker remains ICON and the new CUSIP will be Y4001C 305. The split converts every 5 issued common shares into 1 share without changing par value or authorized share count.
As of the announcement the company had 3,460,000 outstanding shares, which will be reduced to approximately 692,000 shares (adjusted for fractional-share cash-outs). Fractional shares will be paid in cash based on the January 7, 2026 Nasdaq closing price.
Icon Energy Corp (Nasdaq: ICON) announced a share repurchase program authorizing repurchases of up to $1.0 million of its outstanding common shares through December 31, 2026. Repurchases may occur in privately negotiated or open market transactions or through plans intended to qualify under Rule 10b-18 or Rule 10b5-1 of the Securities Exchange Act.
The company said the amount and timing of any repurchases will be at its sole discretion and will depend on legal requirements, market conditions, available liquidity and prevailing market price. The Program does not obligate the company to buy any shares and may be suspended or discontinued at any time.
Icon Energy (Nasdaq: ICON) provided a commercial update on vessel employment and quarterly results for 2025. All vessels are on index-linked time charters tied to the Baltic Panamax and Supramax indices.
Key metrics: Q3 2025 gross hire avg ≈ $15,450/day (+41% vs prior quarter; +21% YoY). Q3 2025 revenue $4.2M (vs $2.0M prior quarter and $0.9M Q3 2024). Fleet expanded with M/V Charlie added June 2025 and M/V Bravo added August 2024. M/V Alfa time charter extended on an evergreen basis (earliest expiry July 2026).
Icon Energy Corp (Nasdaq: ICON) announced on Nov 24, 2025 that it has sold 132,144 common shares under its Standby Equity Purchase Agreement (SEPA) at an average price of $1.86 per share.
Icon entered the SEPA on Aug 27, 2025, under which an investor is obligated to purchase up to $20 million of common shares over three years. The company says the SEPA is a flexible capital source the company may use at its discretion to support strategic initiatives, operations, and potential growth opportunities.
Icon Energy Corp. (Nasdaq: ICON), a global shipping company, has announced the successful delivery of the M/V Charlie, a 2020-built, scrubber-fitted, eco Ultramax dry bulk carrier. The vessel was delivered on June 21, 2025, following a previously announced bareboat charter-in agreement from March 2025.
The vessel has been immediately time chartered-out to a dry bulk operator for 9-12 months at a floating daily rate linked to the Baltic Supramax Index. Icon will receive additional revenue from fuel cost savings through the vessel's scrubber system. CEO Ismini Panagiotidi expressed the company's commitment to further fleet expansion through strategic acquisitions.
Icon Energy Corp. (NASDAQ: ICON) has reported its financial results for 2024, showing mixed performance. Revenue increased 19% to $5.3 million from $4.5 million in 2023, primarily due to the acquisition of M/V Bravo. However, operating profit declined to $0.2 million from $1.1 million, and the company recorded a net loss of $0.2 million compared to a net income of $1.2 million in 2023.
Key developments include the delivery of Kamsarmax dry bulk carrier M/V Bravo in September 2024, securing a $91.5 million term loan facility, and completing an IPO with gross proceeds of $5.0 million. The company declared a cash dividend of $0.07 per common share for Q4 2024, payable May 30, 2025.
Recent developments include a successful public offering raising $12.0 million, regaining Nasdaq compliance, and entering an agreement to acquire a third vessel, M/V Charlie. The company implemented a 1-for-40 reverse stock split on April 1, 2025.