Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 62

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 62
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States. The

rights

of

shareholders

of

the

Marshall

Islands

may

differ

from

the

rights

of

shareholders

of

companies

incorporated in the United States. While the BCA

provides that it is to be interpreted according to the laws

of the State of Delaware and other states with substantially similar legislative provisions, there have been

few, if any, court

cases interpreting

the BCA

in the

Marshall Islands

and we

cannot predict

whether Marshall

Islands courts

would reach

the same

conclusions as

U. S. courts.

Thus, you

may have

more difficulty

in

protecting your

interests in

the face

of actions

by the

management, directors

or controlling

shareholders

than

would

shareholders

of

a

corporation

incorporated

in

a

U. S.

jurisdiction

which

has

developed

a

relatively more substantial body of case law.

We are a

“foreign private issuer” under the

NYSE rules, and as such we

are entitled to exemption

from certain NYSE

corporate governance standards,

and you may

not have the

same protections

afforded to

shareholders of

companies that

are subject

to all

of the

NYSE corporate

governance

requirements.

We are a “foreign private issuer” under the

securities laws of the United States

and the rules of the NYSE.

Under the securities laws of

the United States, “foreign private

issuers” are subject to different

disclosure

requirements than U. S. domiciled

registrants, as well

as different financial

reporting requirements. Under

the NYSE rules, a “foreign private

issuer” is subject to less stringent corporate

governance requirements.

Subject to

certain exceptions,

the

rules of

the

NYSE permit

a “foreign

private issuer”

to follow

its home

country practice in lieu of the listing requirements of the NYSE.

Accordingly, you may

not have

the same

protections afforded

to shareholders

of companies

that are

subject

to all of the

NYSE corporate governance requirements. For a

list of the practices followed

by us in lieu

of

NYSE’s corporate

governance rules, we

refer you to