ICON 424B3: Acquisition

Icon Energy Corp

Filed with the SEC on · accession 0001140361-26-039523

ICON filed a 424B3 (prospectus (offering)) with the SEC on Oct 14, 2026. Icon Energy Corp announced it agreed to acquire an approximately 2.8% non-controlling equity interest in a consortium entity that owns a 2023-built 1,800 TEU containership chartered to a major liner operator at $24,750/day through February 2028, generating roughly $12 million in minimum contracted… The stock moved -7.0% by the first close after the filing.

Summary of the filing

Icon Energy Corp announced it agreed to acquire an approximately 2.8% non-controlling equity interest in a consortium entity that owns a 2023-built 1,800 TEU containership chartered to a major liner operator at $24,750/day through February 2028, generating roughly $12 million in minimum contracted revenue.

Key details

Equity interest acquired in vessel-owning entitypercent 3
Fixed daily charter hire rate$25K
Minimum contracted revenue from charter$12.0M
Common shares offered by selling shareholder under prospectusshares 9.8M
Last reported share price on October 13, 2026$1
Acquirer of minority equity interestIcon Energy Corp.
Selling shareholder referenced in prospectus supplementYA II PN, Ltd.
Charterer of the vesselunnamed major liner operator
Co-investors and vessel managerconsortium of professional maritime investors
Chief financial officerDennis Psachos

How ICON stock reacted

Close before

$0.83

Oct 13, 2026

First close after

-6.98%

$0.78

5 trading days

+12.34%

$0.94

Since filing

+18.56%

$0.99

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Frequently asked questions

What did ICON file with the SEC on Oct 14, 2026?

ICON filed a 424B3 (Acquisition). Icon Energy Corp announced it agreed to acquire an approximately 2.8% non-controlling equity interest in a consortium entity that owns a 2023-built 1,800 TEU containership chartered to a major liner operator at $24,750/day through February 2028, generating roughly $12 million in minimum contracted revenue.

What does a acquisition mean for ICON stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 424B3?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B3 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did ICON stock react to this filing?

ICON closed at $0.83 before the filing and $0.78 on Oct 14, 2026 (-6.98%). Five trading days later: $0.94 (+12.34%).

Other ICON SEC filings

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