secwatch.observer — SEC 8-K summary
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Issuer:     International Seaways, Inc. (INSW)
CIK:        0001679049
Form:       8-K
Filed at:   2026-05-11T21:25:04+00:00
Accession:  0001104659-26-058763
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Seaways enters $200M ATM equity program, terminates prior $100M facility
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- New Equity Distribution Agreement with BTIG, B. Riley, Clarksons, Fearnleys to sell up to $200M of common stock.
- Sales agents receive up to 3.0% commission on shares sold; Company has no obligation to sell any shares.
- Prior $100M ATM program with Evercore and Jefferies terminated; no shares were ever sold under that program.
- Proceeds from any future sales will be used for general corporate purposes as described in the prospectus supplement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679049/000110465926058763/0001104659-26-058763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679049/000110465926058763/tm2614029d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-058763

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