Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
September 20 2024 - 4:05PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF
FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2024
Commission File Number 001-41095
IMPERIAL PETROLEUM INC.
(Translation of registrants name into English)
331 Kifissias
Avenue Erithrea 14561 Athens, Greece
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form
40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Vessel Acquisition Agreements
Imperial Petroleum Inc.
(the Company) has entered into agreements to acquire seven Japanese built bulkers (5 supramaxes and 2 kamsarmaxes) for an aggregate purchase price of $129 million, from entities affiliated with Brave Maritime Corp Inc. The
transaction with Brave Maritime, which is affiliated with members of the Vafias family, was approved by the independent directors of the Company, which obtained independent valuations of the vessels.
The vessels are expected to be delivered between December 2024 and May 2025. The Company expects to finance the purchase price for each vessel with cash-on-hand and has the option to pay for the vessels latest by one year from each respective purchase agreement.
Following these vessel deliveries, and assuming no further acquisitions or dispositions, the Companys fleet will total 19 vessels.
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This report on Form 6-K is hereby incorporated by reference into the Companys Registration Statement on Form F-3 (Reg. No. 333-268663), Post
Effective Amendment No. 1 to Form F-1 on Form F-3 Registration Statement (Reg. No. 333-266031) and Registration
Statements on Form S-8 (Reg. Nos. 333-275745 and 333-278813), including the prospectuses contained therein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
Date: September 20, 2024
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IMPERIAL PETROLEUM INC. |
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By: |
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/s/ Ifigeneia Sakellari |
Name: |
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Ifigeneia Sakellari |
Title: |
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Chief Financial Officer |
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