Performance Shipping Inc. Announces the Preliminary Results of its Offer to Exchange up to 4,066,181 Common Shares for Shares of Series B Convertible Cumulative Perpetual Preferred Stock
Based on the preliminary count by Computershare Trust Company, N.A., the exchange agent for the Exchange Offer, the total number of Common Shares tendered in the Exchange Offer was 2,834,612 Common Shares, which would result in the Company’s issuance of approximately 793,691 Series B Preferred Shares.
Source: pressreleasepoint.com