Imperial Petroleum Inc. Announces $51.6 Million Acquisition of Three Drybulk Carriers
Reuters
Aug 09
<a href="https://laohu8.com/S/IMPPV">Imperial Petroleum Inc</a>. Announces $51.6 Million Acquisition of Three Drybulk Carriers
Imperial Petroleum Inc. has announced a new agreement to acquire three Japanese-built drybulk carriers, featuring a total capacity of approximately 164,400 deadweight tons (dwt) and an average age of 12.5 years. The aggregate purchase price for these vessels is $51.6 million. Notably, 10% of this sum will be settled in shares of Imperial Petroleum's common stock, valued at the 30-day volume-weighted average price (VWAP) through the acquisition agreement date. The transaction is with entities associated with Brave Maritime Corp Inc., linked to the Vafias family, and has received approval from the company's independent directors. The delivery of the vessels is anticipated between September 2025 and August 2026. Upon completion, assuming no further acquisitions or sales, Imperial Petroleum's fleet will expand to a total of 22 vessels.
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