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Stocks/PANL/SEC Filings/8-K Nov 5, 2026

PANL 8-K: SEC filing

Pangaea Logistics Solutions

Filed with the SEC on Nov 5, 2026 · accession 0001628280-26-071148

PANL filed a 8-K (current report) with the SEC on Nov 5, 2026. Pangaea Logistics Solutions reported third quarter 2026 results with GAAP net income of $38.3 million ($0.59 per share) and Adjusted EBITDA of $52.4 million, up 81% year-over-year, driven by a 31% improvement in TCE rates. The stock moved -1.9% by the first close after the filing.

Summary of the filing

Pangaea Logistics Solutions reported third quarter 2026 results with GAAP net income of $38.3 million ($0.59 per share) and Adjusted EBITDA of $52.4 million, up 81% year-over-year, driven by a 31% improvement in TCE rates. The company declared a quarterly cash dividend of $0.10 per share and refinanced $134 million of higher-cost debt.

For details, click here →How to read a 8-K →

Key details

Adjusted EBITDA$52.4M
GAAP net income$38.3M
Adjusted net income$33.6M
Cash flow from operations$57.2M
Unrestricted cash and cash equivalents$144.9M
Quarterly cash dividend per share$0
Debt refinanced$134.0M
Share repurchase authorization$12.0M
IssuerPangaea Logistics Solutions Ltd.

How PANL stock reacted

Close before

$7.51

Nov 4, 2026

First close after

-1.86%

$7.37

5 trading days

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Since filing

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Frequently asked questions

What did PANL file with the SEC on Nov 5, 2026?

PANL filed a 8-K (SEC filing). Pangaea Logistics Solutions reported third quarter 2026 results with GAAP net income of $38.3 million ($0.59 per share) and Adjusted EBITDA of $52.4 million, up 81% year-over-year, driven by a 31% improvement in TCE rates. The company declared a quarterly cash dividend of $0.10 per share and refinanced $134 million of higher-cost debt.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

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 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did PANL stock react to this filing?

PANL closed at $7.51 before the filing and $7.37 on Nov 5, 2026 (-1.86%).

Other PANL SEC filings

  • 10-Q · SEC filingNov 5, 2026
  • 8-K · SEC filingAug 10, 2026
  • 10-Q · SEC filingAug 10, 2026
  • 8-K · Board changeJun 8, 2026
  • 8-K · Board changeMay 12, 2026
  • 10-Q · SEC filingMay 11, 2026
  • 8-K · SEC filingMay 11, 2026

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Source: SEC EDGAR filing 0001628280-26-071148. The summary and key details are extracted by SEPT from the filing and may contain errors. Price reaction uses daily closing prices. Not financial advice.