Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 200

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 8
Chunk 200
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share)

and is not subject to adjustment. Since February 14, 2019, we may redeem, in whole or from

time to time

99

in part, the Series B Preferred Shares at

a redemption price of $25.00 per share plus an

amount equal to

all accumulated and unpaid dividends thereon to the date of redemption,

whether or not declared.

Marshall Islands

law provides that

we may

pay dividends on

and redeem the

Series B

Preferred Shares

only to the

extent that assets

are legally available

for such purposes.

Legally available

assets generally

are

limited to our surplus, which essentially represents our retained earnings

and the excess of consideration

received by us for

the sale of shares

above the par value

of the shares. In

addition, under Marshall

Islands

law we

may not

pay dividends

on or

redeem Series

B Preferred

Shares if

we are

insolvent or

would be

rendered insolvent by the payment of such a dividend or the making

of such redemption.

B.

Significant Changes

There have

been no

significant changes

since the

date of

the

annual consolidated

financial statements

included in

this annual

report, other

than those

described in

Note 17

“ Subsequent events”

of our

annual

consolidated financial statements.

Item 9.

The Offer and Listing

A.

Offer and Listing Details

The

trading market

for

shares of

our

common stock

is the

NYSE, on

which our

shares trade

under the

symbol “ DSX” since March 23, 2005.

Our Series

B Preferred

Stock has

traded on

the NYSE

under the

symbol “ DSXPRB”

since February

21,

2014.

Our Warrants to Purchase Common Stock, expiring on or about December 14, 2026, have

traded on the

NYSE under the symbol “ DSX WS” since December 14, 2023.

B.

Plan of distribution

Not Applicable.

C.

Markets

Our common shares have traded on the NYSE since March 23, 2005 under the

symbol “ DSX,” our Series

B Preferred Stock has traded on the NYSE

under the symbol "DSXPRB" since

February 21, 2014 and our

W