secwatch.observer — SEC 8-K summary
======================================

Issuer:     International Seaways, Inc. (INSW)
CIK:        0001679049
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001104659-23-127775
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Seaways enters $100M ATM equity program with Evercore and Jefferies
--------------------------------------------------------------------------------

- Up to $100M of common stock may be sold 'at the market' through Evercore Group and Jefferies as sales agents.
- Sales agents receive commission of up to 3.0% of gross proceeds from any shares sold.
- No shares have been sold yet; the company is in a trading blackout until at least March 1, 2024.
- Program is authorized under a new Equity Distribution Agreement filed as Exhibit 1.1 to the 8-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679049/000110465923127775/0001104659-23-127775-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679049/000110465923127775/tm2333341d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-127775

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer