Company: ASC
Filing Date: 2025-11-05
Form Type: 6-K
Source: 0001104659-25-106687
Chunk: 32

Company: Ardmore Shipping Corp
Filing Date: 2025-11-05
Form: 6-K
Chunk 32
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 date of the agreement, it rendered the profits interest as a liability which required it to be marked to fair value each period with changes in the fair value recorded directly in earnings. The Company recorded a liability of $ 0.3million, which is included in non-current liabilities in the condensed consolidated balance sheet as of September 30, 2025. On October 1, 2025, the Company delivered a notice of full redemption for all outstanding shares of its Series A Preferred Stock, for $ 30.6million, which represents the stipulated redemption price of 102% of the liquidation preference per share. The redemption was completed on October 31, 2025.

8. Subsequent Events Consistent with the Company’s variable dividend policy, the Board of Directors declared a cash dividend on November 5, 2025, of $ 0.10per common share for the quarter ended June 30, 2025. The cash dividend of approximately $ 4.2million will be paid on December 12, 2025, to all shareholders of record on November 28, 2025.

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