Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 314

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 314
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)

F-31

votes,
on

all

matters

submitted

to

a

vote

of

the

stockholders

of

the

Company,

provided

however,

that,
notwithstanding any other

provision of the

Series D Preferred

Stock statement of

designation, to the

extent
that the total number

of votes one or

more holders of Series

D Preferred Stock

is entitled to vote

(including
any voting power of such holders derived from Series D Preferred

Stock, shares of Common Stock or any
other voting security of the

Company issued and outstanding as of

the date hereof or that

may be issued
in the

future) on any

matter submitted to

a vote

of stockholders of

the Company would

exceed
36.0
% of
the total number

of votes eligible

to be cast on

such matter, the total

number of votes

that holders of

Series
D Preferred Stock may exercise derived

from the Series D Preferred Stock

together with Common Shares
and any

other voting

securities of

the

Company beneficially

owned by

such holder,

shall be

reduced to
36
% of the total number of votes that may be cast on such matter submitted

to a vote of stockholders.
e)

Issuance

and Repurchase

of

Common Shares:
In

2022, the

Company repurchased

under its
share repurchase program
820,000
shares of common stock,

at an average price

of $
4.56
per share, for
an

aggregate

cost

of

$
3,799,

including

expenses.

Also,

the

Company

issued

under

its

ATM

program
877,581
shares of

common stock,

at an

average price

of $
6.27
per share

and received

net proceeds

of
$
5,322, and
16,453,780
shares of common stock, at an average price of $
4.13, for the acquisition of
eight
vessels, upon exercise of warrants issued to the vessels’ sellers.
In

2023,

the

Company

issued
2,033,613
shares

of

common

stock,

at

$
3.84,

for

the

acquisition

of

one
vessel, upon

exercise of

a warrant

issued to

the vessel’s