{"id":929316,"date":"2026-01-21T09:43:28","date_gmt":"2026-01-21T14:43:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/icon-energy-corp-announces-updates-in-connection-with-the-sepa-2\/"},"modified":"2026-01-21T09:43:28","modified_gmt":"2026-01-21T14:43:28","slug":"icon-energy-corp-announces-updates-in-connection-with-the-sepa-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/icon-energy-corp-announces-updates-in-connection-with-the-sepa-2\/","title":{"rendered":"Icon Energy Corp. Announces Updates in Connection with the SEPA"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ATHENS, Greece, Jan.  21, 2026  (GLOBE NEWSWIRE) &#8212; Icon Energy Corp. (\u201c<strong>Icon<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d) (Nasdaq: ICON), an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today that\u00a0since its most recent update, the Company has sold an aggregate of 1,136,470 of its common shares at an average price of $3.11 per share pursuant to advances under the Standby Equity Purchase Agreement (\u201cSEPA\u201d).<\/p>\n<p align=\"justify\">As previously announced, Icon entered into the SEPA with an investor on August 27, 2025. Icon believes that the SEPA provides a flexible and efficient source of capital that, subject to its terms and conditions, may be utilized at times and amounts of the Company\u2019s choosing.<\/p>\n<p align=\"justify\">The Company\u2019s disciplined execution resulted in an average price per share sold that exceeded the volume-weighted average market price during the respective period. The Company intends to utilize the net proceeds of $3.5 million for general corporate purposes and to pursue potential growth opportunities and strategic initiatives.<\/p>\n<p align=\"justify\">As of the date hereof, the Company had 2,508,470 common shares issued and outstanding.<\/p>\n<p align=\"justify\">\n        <strong>About Icon Energy Corp.<\/strong>\n      <\/p>\n<p align=\"justify\">Icon is an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels. Icon maintains its principal executive office in Athens, Greece, and its common shares trade on the Nasdaq Capital Market under the symbol \u201cICON.\u201d<\/p>\n<p align=\"justify\">\n        <strong>Contact Information<br \/><\/strong>Icon Energy Corp.<br \/>Dennis Psachos<br \/>Chief Financial Officer<br \/>+30 211 88 81 300<br \/>ir@icon-nrg.com<br \/>www.icon-nrg.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyOTc0OCM3MzcyOTkzIzUwMDEyNjI1Mg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OWI1NjE4NDMtMDRjMC00MzYxLTgxZjMtNGNhYjdiYjU4MjdiLTUwMDEyNjI1Mi0yMDI2LTAxLTIxLWVu\/tiny\/Icon-Energy-Corp-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATHENS, Greece, Jan. 21, 2026 (GLOBE NEWSWIRE) &#8212; Icon Energy Corp. (\u201cIcon\u201d or the \u201cCompany\u201d) (Nasdaq: ICON), an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today that\u00a0since its most recent update, the Company has sold an aggregate of 1,136,470 of its common shares at an average price of $3.11 per share pursuant to advances under the Standby Equity Purchase Agreement (\u201cSEPA\u201d). As previously announced, Icon entered into the SEPA with an investor on August 27, 2025. Icon believes that the SEPA provides a flexible and efficient source of capital that, subject to its terms and conditions, may be utilized at times and amounts of the Company\u2019s choosing. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/icon-energy-corp-announces-updates-in-connection-with-the-sepa-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Icon Energy Corp. Announces Updates in Connection with the SEPA&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-929316","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Icon Energy Corp. Announces Updates in Connection with the SEPA - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/icon-energy-corp-announces-updates-in-connection-with-the-sepa-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Icon Energy Corp. Announces Updates in Connection with the SEPA - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATHENS, Greece, Jan. 21, 2026 (GLOBE NEWSWIRE) &#8212; Icon Energy Corp. (\u201cIcon\u201d or the \u201cCompany\u201d) (Nasdaq: ICON), an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today that\u00a0since its most recent update, the Company has sold an aggregate of 1,136,470 of its common shares at an average price of $3.11 per share pursuant to advances under the Standby Equity Purchase Agreement (\u201cSEPA\u201d). As previously announced, Icon entered into the SEPA with an investor on August 27, 2025. Icon believes that the SEPA provides a flexible and efficient source of capital that, subject to its terms and conditions, may be utilized at times and amounts of the Company\u2019s choosing. The &hellip; Continue reading &quot;Icon Energy Corp. Announces Updates in Connection with the SEPA&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/icon-energy-corp-announces-updates-in-connection-with-the-sepa-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-21T14:43:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyOTc0OCM3MzcyOTkzIzUwMDEyNjI1Mg==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icon-energy-corp-announces-updates-in-connection-with-the-sepa-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/icon-energy-corp-announces-updates-in-connection-with-the-sepa-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Icon Energy Corp. 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(\u201cIcon\u201d or the \u201cCompany\u201d) (Nasdaq: ICON), an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today that\u00a0since its most recent update, the Company has sold an aggregate of 1,136,470 of its common shares at an average price of $3.11 per share pursuant to advances under the Standby Equity Purchase Agreement (\u201cSEPA\u201d). As previously announced, Icon entered into the SEPA with an investor on August 27, 2025. Icon believes that the SEPA provides a flexible and efficient source of capital that, subject to its terms and conditions, may be utilized at times and amounts of the Company\u2019s choosing. The &hellip; Continue reading \"Icon Energy Corp. 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