Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
International Seaways, Inc. entered into Distribution Agreement with BTIG, LLC, B. Riley Securities, Inc., Clarksons Securities, Inc. and Fearnleys Securities, Inc. valued at up to $200,000,000 (effective 2026-05-11).
- Action
- entry
- Agreement
- atm program
- Counterparty
- BTIG, LLC, B. Riley Securities, Inc., Clarksons Securities, Inc. and Fearnleys Securities, Inc.
- Value
- up to $200,000,000
- Effective
- 2026-05-11
Exact text from the filing
On May 11, 2026, International Seaways, Inc. (the “ Company ”) entered into an Equity Distribution Agreement (the “ Distribution Agreement ”) with BTIG, LLC, B. Riley Securities, Inc., Clarksons Securities, Inc. and Fearnleys Securities, Inc. as sales agents (the “ Sales Agents ”), to issue and sell through or to the Sales Agents, from time to time, shares of its Common Stock, no par value (the “ Common Stock ”), in “at the market” offerings having an aggregate gross sales price of up to $200,000,000.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
International Seaways, Inc. terminated Prior Distribution Agreement with Evercore Group L.L.C. and Jefferies LLC valued at up to $100,000,000 (effective 2026-05-11).
- Action
- termination
- Agreement
- atm program
- Counterparty
- Evercore Group L.L.C. and Jefferies LLC
- Value
- up to $100,000,000
- Effective
- 2026-05-11
Exact text from the filing
In connection with entering into the Distribution Agreement, effective May 11, 2026, the Company terminated the equity distribution agreement dated December 20, 2023, with Evercore Group L.L.C. and Jefferies LLC (the “ Prior Distribution Agreement ”), relating to the “at the market” offerings of the shares of Common Stock having an aggregate gross sales price of up to $100,000,000.
View on SEC.gov