Icon Energy Corp. ( (ICON) ) has shared an announcement.
On March 13, 2025, Icon Energy Corp. announced it received a notification from Nasdaq indicating non-compliance with the minimum $1.00 per share bid price requirement, as the company’s shares traded below this threshold for 30 consecutive days. The company has a 180-day grace period to regain compliance, during which its shares will continue to be listed and traded. Additionally, Icon Energy reminded shareholders of its upcoming 2025 Annual Meeting on March 17, where proposals including the election of a director, ratification of auditors, and potential reverse stock split will be voted on.
More about Icon Energy Corp.
Icon Energy Corp. is an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels. The company is headquartered in Athens, Greece, and its common shares are traded on the Nasdaq Capital Market under the symbol ‘ICON.’
YTD Price Performance: -95.77%
Average Trading Volume: 8,851,713
Technical Sentiment Consensus Rating: Strong Buy
Learn more about ICON stock on TipRanks’ Stock Analysis page.