---
schema_version: "secwatch.filing_event.v1"
accession: "0001606909-23-000079"
form_type: "8-K"
ticker: "PANL"
cik: "0001606909"
company_name: "Pangaea Logistics Solutions Ltd."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:20:02.671087+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pangaea Logistics to join Russell 3000 Index effective June 26, 2023

## Summary
- Selected for broad-market Russell 3000 Index at 2023 annual reconstitution, effective after U.S. market open on June 26.
- FTSE Russell determines membership by market-cap rankings; $12.1 trillion in assets benchmarked against Russell US indexes.
- CEO Mark Filanowski says inclusion builds awareness and increases exposure to new investor audiences.
- Pangaea's integrated shipping model continues to deliver above-market returns, contributing to long-term shareholder value.

## SEC filing metadata
- accession: 0001606909-23-000079
- form_type: 8-K
- ticker: PANL
- cik: 0001606909
- company_name: Pangaea Logistics Solutions Ltd.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606909/000160690923000079/0001606909-23-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606909/000160690923000079/panl-20230626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606909-23-000079
- JSON: https://secwatch.observer/filing/0001606909-23-000079.json
- Plain text: https://secwatch.observer/filing/0001606909-23-000079.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.