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Icon Energy Corp

corporate_fare Company Profile

Icon Energy Corp

ICON·NASDAQ·Energy & Transportation·CIK 0001995574

Icon Energy Corp. is a holding company incorporated in the Republic of the Marshall Islands on August 30, 2023. The company is a growth-oriented shipping company that provides worldwide seaborne transportation services for dry bulk cargoes using its fleet of oceangoing vessels. Icon Energy Corp. generates revenue by chartering its vessels to regional and international dry bulk operators, commodity traders, and end users. These charters are primarily time charters, which can be either index-linked or fixed rate, or voyage charters, depending on market conditions and strategic opportunities. On June 11, 2024, the company acquired all outstanding share capital of Maui in exchange for 15,000 Series A Preferred Shares, 1,500,000 Series B Preferred Shares, and 1,000 Common Shares. Maui was incorporated on October 27, 2022, in the Republic of the Marshall Islands. On May 3, 2023, Maui acquired all outstanding shares of Positano, a shipowning company incorporated on February 1, 2021, in the Republic of the Marshall Islands. Positano is the owning company of the M/V Alfa.

Icon Energy Corp (NASDAQ:ICON) is a publicly traded company in the Energy & Transportation sector. Wiseek monitors ICON SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Controlling Shareholder Increases Stake to 86.4% via PIK Dividend of Convertible Preferred Shares
  • Icon Energy Corp. Updates Resale Prospectus with Strong Q1 Turnaround and New Management Agreement
  • Icon Energy Reports Strong Q1 Turnaround, Diversifies into Containerships with $19M Contracted Revenue
  • Icon Energy Secures $3.7M Fixed-Rate Charter for M/V Alfa, Boosting Revenue Visibility
  • Icon Energy Corp. Updates Prospectus with New Charter Agreement and Selling Shareholder Offering

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
1.67M
Net Income
-4.2M
Diluted EPS
-18.04
Op. Cash Flow
799K
Free Cash Flow
-5.29M
Operating Income
180K
Cash & Equivalents
3.88M
Debt / Equity
0.00×
Net Margin
-251.2%
Shares Outstanding
691.98K sh
Source: 20-F · filed 2026-02-24 · accession 0001140361-26-006582

Dilution Risk

Moderate risk

Filing-implied dilution signals for ICON, detected from its recent SEC filings · based on capital-structure filings through 2026-06-09.

3 recent capital raisesATM program

Finalizes Standby Equity Purchase Agreement (SEPA) Offering · Massive Potential Dilution for Common Shareholders

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Insider Transactions

ICON files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$1.09 -0.06% today
52-week range · as of 2026-07-02 $0.784 – $16.75
Market cap
$3.71M
Volume
31.9K (0.1× avg)
3-mo avg 461.7K
Live data · 2026-07-29 09:29 UTC · Pre-market

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feed ICON - Latest Insights

ICON
Jul 02, 2026, 4:07 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
9
Price at Filing: $1.04
Real-time Price: $1.09 info
Change: +$0.050 (+5%) info
Market Cap: $3.705M info
ICON
Jun 09, 2026, 5:13 PM EDT
Filing Type: 424B3
Importance Score:
8
Price at Filing: $1.03
Real-time Price: $1.09 info
Change: +$0.0595 (+6%) info
Market Cap: $3.705M info
ICON
Jun 09, 2026, 5:00 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $1.07
Real-time Price: $1.09 info
Change: +$0.020 (+2%) info
Market Cap: $3.705M info
ICON
Jun 03, 2026, 9:30 AM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $1.26
Real-time Price: $1.09 info
Change: -$0.170 (-13%) info
Market Cap: $3.705M info
ICON
Apr 01, 2026, 2:06 PM EDT
Filing Type: 424B3
Importance Score:
7
Price at Filing: $0.990
Real-time Price: $1.09 info
Change: +$0.100 (+10%) info
Market Cap: $3.705M info
ICON
Apr 01, 2026, 2:04 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $1.00
Real-time Price: $1.09 info
Change: +$0.090 (+9%) info
Market Cap: $3.705M info
ICON
Mar 19, 2026, 9:25 AM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.9999
Real-time Price: $1.09 info
Change: +$0.0901 (+9%) info
Market Cap: $3.705M info
ICON
Mar 13, 2026, 4:53 PM EDT
Filing Type: 424B3
Importance Score:
9
Price at Filing: $1.16
Real-time Price: $1.09 info
Change: -$0.0701 (-6%) info
Market Cap: $3.705M info
ICON
Mar 06, 2026, 5:01 PM EST
Filing Type: F-1
Importance Score:
9
Price at Filing: $1.33
Real-time Price: $1.09 info
Change: -$0.240 (-18%) info
Market Cap: $3.705M info
ICON
Feb 24, 2026, 5:30 PM EST
Filing Type: 20-F
Importance Score:
8
Price at Filing: $1.42
Real-time Price: $1.09 info
Change: -$0.330 (-23%) info
Market Cap: $3.705M info
ICON
Feb 04, 2026, 5:08 PM EST
Filing Type: 424B5
Importance Score:
9
Price at Filing: $1.55
Real-time Price: $1.09 info
Change: -$0.460 (-30%) info
Market Cap: $3.705M info
ICON
Jan 22, 2026, 8:15 AM EST
Filing Type: 424B3
Importance Score:
8
Price at Filing: $2.15
Real-time Price: $1.09 info
Change: -$1.06 (-49%) info
Market Cap: $3.705M info
ICON
Jan 22, 2026, 8:00 AM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $2.17
Real-time Price: $1.09 info
Change: -$1.08 (-50%) info
Market Cap: $3.705M info
ICON
Jan 20, 2026, 6:37 PM EST
Filing Type: SCHEDULE 13D/A
Importance Score:
8
Price at Filing: $2.25
Real-time Price: $1.09 info
Change: -$1.16 (-52%) info
Market Cap: $3.705M info
ICON
Jan 08, 2026, 8:05 AM EST
Filing Type: 424B3
Importance Score:
9
Price at Filing: $3.30
Real-time Price: $1.09 info
Change: Reverse Stock Split info
Market Cap: $3.705M info
ICON
Jan 08, 2026, 7:58 AM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $3.30
Real-time Price: $1.09 info
Change: Reverse Stock Split info
Market Cap: $3.705M info