Icon Energy Corp. has announced that it has raised $2.3 million through the sale of 680,023 common shares under its Standby Equity Purchase Agreement $(SEPA)$. The shares were sold at an average price of $3.31 each. The SEPA, entered into on August 27, 2025, allows Icon Energy to issue up to $20 million worth of common shares to an investor over three years, providing the company with a flexible source of capital to support growth initiatives and operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Icon Energy Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9624333-en) on January 13, 2026, and is solely responsible for the information contained therein.