Icon energy corp. announces receipt of nasdaq notice and reminds shareholders of its upcoming 2025 annual general meeting

Athens, greece, march 13, 2025 (globe newswire) -- icon energy corp. (“icon” or the “company”) (nasdaq: icon), an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today that it has received a written notification from the nasdaq stock market (“nasdaq”) dated march 7, 2025, indicating that because the closing bid price of the company's common shares for 30 consecutive trading days, from january 23, 2025, to march 6, 2025, was below $1.00 per share, the company is no longer in compliance with nasdaq listing rule 5550(a)(2).
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