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

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 …