Pyxis Tankers, Inc. (PXS)
NCM · Common · CUSIP Y71726130
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Security Profile

Security Type
Common Stock
CUSIP
Y71726130 (prev. Y71726106 )
Market Cap
Micro Cap
Business: Pyxis Tankers, Inc. is a holding company incorporated on 3/23/2015 under the laws of the Republic of the Marshall Islands. Pyxis owns a fleet of liquid bulk container ships. Each of the vessels in the fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel and fuel oil, as well as other liquid bulk items, such as vegetable oils and organic chemicals.
Notes: May 11, 2022 -- The Board approved the filing of an Amendment to effect a Reverse Stock Split in the ratio of one for four outstanding Common Shares, to take effect on Friday, May 13, 2022. Beginning on such date, the Company’s Common Shares will trade on a split-adjusted basis on the Nasdaq Capital Markets with a new assigned CUSIP number of Y71726130. <p> October 28, 2015 -- Pyxis Tankers Inc. announced today that it completed its merger with LookSmart, Ltd. Pyxis' common stock has been approved to be listed on the NASDAQ Capital Market. Pyxis' common stock will be traded regular way trading under the trading symbol PXS starting from October 29, 2015. LookSmart merged with and into Maritime Technologies Corp., a Delaware corporation and a wholly owned subsidiary of Pyxis. As a condition precedent to the consummation of the merger, LookSmart transferred all of its business, assets and liabilities to its wholly owned subsidiary, LookSmart Group, Inc. (LSG), and then spun off the ownership of LSG to the LookSmart shareholders. Upon consummation of the spin-off and immediately prior to the consummation of the merger, LookSmart consummated a 1 to .1512 reverse split, thereby reducing the number of its shares outstanding from 5,768,851 to 872,036. In connection with the closing of the merger, each post-split share of LookSmart will be cancelled and exchanged for the right to receive 1.0667 shares of Pyxis common stock. Immediately following the merger, Pyxis has a total of 18,243,143 shares of common stock issued and outstanding. As a result of the merger, LookSmart's stock was suspended as of the close of trading on October 27, 2015 and no longer trades on the NASDAQ Capital Market.

Company Contact

CEO
Valentios (Eddie) Valentis
CFO
Henry Williams
Investor Relations
Henry Williams · 516-455-0106 · hwilliams@pyxistankers.com
General Email
info@pyxistankers.com
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