George Economou Submits Formal Notice to Nominate Director Candidate for Performance Shipping Inc (PSHG)

Jul 06, 2024

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Key Summary: On August 31, 2023, George Economou (9.5%) accused the board of violating laws with a 2022 Exchange Offer, devaluing common shares for the benefit of controlling shareholder Mango Shipping Corp., and demanded acknowledgment of the dual-class structure's impropriety. On September 4, he raised concerns about delayed filings and questioned if …

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Snowball Research

George Economou Submits Formal Notice to Nominate Director Candidate for Performance Shipping Inc (PSHG)

This post is for paid subscribers