share_log

POS AM: Post-effective amendment to a registration statement that is not immediately effective upon filing

SEC announcement ·  Apr 19 09:29
Summary by Moomoo AI
Imperial Petroleum Inc., a company incorporated in the Republic of the Marshall Islands, has filed a Post-Effective Amendment No. 2 to Form F-1 with the U.S. Securities and Exchange Commission (SEC) on April 19, 2024. This amendment updates the company's prior registration statements, which became effective on March 18, 2022, and incorporates by reference the company's Annual Report on Form 20-F for the fiscal year ended December 31, 2023. The amendment relates to the exercise of remaining Class B Warrants, exercisable for an aggregate of 786,800 shares of common stock, and the warrants issued to the underwriters' representative. The Class B Warrants were issued as part of the units in an underwritten offering that was completed prior to the filing of the Annual Report...Show More
Imperial Petroleum Inc., a company incorporated in the Republic of the Marshall Islands, has filed a Post-Effective Amendment No. 2 to Form F-1 with the U.S. Securities and Exchange Commission (SEC) on April 19, 2024. This amendment updates the company's prior registration statements, which became effective on March 18, 2022, and incorporates by reference the company's Annual Report on Form 20-F for the fiscal year ended December 31, 2023. The amendment relates to the exercise of remaining Class B Warrants, exercisable for an aggregate of 786,800 shares of common stock, and the warrants issued to the underwriters' representative. The Class B Warrants were issued as part of the units in an underwritten offering that was completed prior to the filing of the Annual Report, during which the underwriters' overallotment option was fully exercised, and 31,323,000 Class B Warrants were exercised. The amendment also reflects a 1-for-15 reverse stock split of the company's common stock, effective April 28, 2023. Imperial Petroleum's common stock is traded on the Nasdaq Capital Market under the symbol 'IMPP'. The company is an emerging growth company and has elected not to use the extended transition period for complying with new or revised financial accounting standards.

This announcement is a separate document:

Doc 1

Doc 2

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more