Company: ASC
Filing Date: 2025-03-07
Form Type: 20-F
Source: 0001558370-25-002500
Chunk: 4

Company: Ardmore Shipping Corp
Filing Date: 2025-03-07
Form: 20-F
Item: Item 3
Chunk 4
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  The loss of any key customers could result in a significant loss of revenues and cash flow.  

  Charterers may terminate or default on their charters.  
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  Our ability to obtain additional debt financing may depend on the performance of charters and the creditworthiness of our charterers.  
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  Our debt levels and other financial obligations may limit our ability or flexibility in obtaining additional financing and pursuing other business opportunities.  
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  Servicing our current or future indebtedness and other financial obligations limits available funds and if we cannot service our debt, we may lose our vessels.  
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  We are a holding company and depend on the ability of our subsidiaries to distribute funds to us.  

  Our credit facilities contain restrictive covenants.  

  Failure to maintain an effective system of internal control over financial reporting could affect our ability to accurately report our results and prevent fraud.  

  We may be required to make additional insurance premium payments.  
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  Our investment in Element 1 Corp. involves a high degree of risk.  

  We are subject to complex laws and regulations which can adversely affect our business.  

  An increase in trade protectionism and the decrease of multilateral trade agreements  
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  Climate change and greenhouse gas restrictions may adversely affect our operating results.  
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  Scrutiny and expectations of certain third parties about Environmental, Social and Governance (or “ ESG”) policies may impose additional costs on us or expose us to additional risks.  
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  Efforts to comply with regulations regarding ballast water discharge may adversely affect our results of operation and financial condition.  
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  If we fail to comply with international safety regulations, we may be subject to increased liability and may result