6-K
false2024-06-30Q2Imperial Petroleum Inc./Marshall Islands0001876581--12-31 0001876581 2023-12-31 0001876581 2024-06-30 0001876581 2023-01-01 2023-06-30 0001876581 2024-01-01 2024-06-30 0001876581 2023-06-30 0001876581 2022-12-31 0001876581 us-gaap:SeriesAPreferredStockMember 2023-12-31 0001876581 us-gaap:SeriesBPreferredStockMember 2023-12-31 0001876581 us-gaap:OtherCurrentAssetsMember 2023-12-31 0001876581 impp:C3isIncMember 2023-12-31 0001876581 us-gaap:RelatedPartyMember 2023-12-31 0001876581 impp:VoyageCharterRevenuesMember 2023-12-31 0001876581 us-gaap:SeriesAPreferredStockMember 2024-06-30 0001876581 us-gaap:SeriesBPreferredStockMember 2024-06-30 0001876581 impp:CleanPowerIncMember 2024-06-30 0001876581 impp:KingOfHeartsIncMember 2024-06-30 0001876581 impp:NirvanaProductTradingIncMember 2024-06-30 0001876581 impp:MrRoiIncMember 2024-06-30 0001876581 impp:PetroleumTradingAndShippingMember 2024-06-30 0001876581 impp:HavenExoticTradingIncMember 2024-06-30 0001876581 impp:InternationalCrudeAndProductEnterprisesMember 2024-06-30 0001876581 impp:VolumeJetTradingIncMember 2024-06-30 0001876581 impp:BlueOddyseyInternationalIncMember 2024-06-30 0001876581 impp:AlpineHydrocarbonsIncMember 2024-06-30 0001876581 impp:AquaticSuccessInternationalIncMember 2024-06-30 0001876581 impp:TankpunkIncMember 2024-06-30 0001876581 impp:SpinOffTransactionMember us-gaap:PreferredClassAMember us-gaap:PreferredStockMember 2024-06-30 0001876581 us-gaap:OtherCurrentAssetsMember 2024-06-30 0001876581 impp:C3isIncMember 2024-06-30 0001876581 us-gaap:InventoriesMember impp:C3isIncMember 2024-06-30 0001876581 us-gaap:RelatedPartyMember 2024-06-30 0001876581 impp:VoyageCharterRevenuesMember 2024-06-30 0001876581 impp:TwoSuezmaxMember 2024-06-30 0001876581 impp:TwoHandysizeDrybulkCarriersMember 2024-06-30 0001876581 impp:SixMediumRangeTypeProductTankersMember 2024-06-30 0001876581 impp:ClassAWarrantMember 2024-06-30 0001876581 impp:ClassBWarrantMember 2024-06-30 0001876581 impp:ClassCWarrantMember 2024-06-30 0001876581 impp:ClassDWarrantMember 2024-06-30 0001876581 impp:ClassEWarrantMember 2024-06-30 0001876581 us-gaap:RelatedPartyMember 2023-01-01 2023-06-30 0001876581 us-gaap:SeriesAPreferredStockMember 2023-01-01 2023-06-30 0001876581 us-gaap:SeriesCPreferredStockMember 2023-01-01 2023-06-30 0001876581 impp:TimeCharterRevenuesMember 2023-01-01 2023-06-30 0001876581 impp:VoyageCharterRevenuesMember 2023-01-01 2023-06-30 0001876581 impp:BrokerageCommissionsMember 2023-01-01 2023-06-30 0001876581 impp:SuperintendentFeesMember 2023-01-01 2023-06-30 0001876581 impp:CrewManagementFeesMember 2023-01-01 2023-06-30 0001876581 impp:CommissionOnVesselsPurchasedMember 2023-01-01 2023-06-30 0001876581 impp:ManagementFeesMember 2023-01-01 2023-06-30 0001876581 impp:NetLossOnSaleOfVesselMember 2023-01-01 2023-06-30 0001876581 impp:RentalExpenseMember 2023-01-01 2023-06-30 0001876581 impp:ExecutiveCompensationMember 2023-01-01 2023-06-30 0001876581 us-gaap:CommonStockMember 2023-01-01 2023-06-30 0001876581 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-06-30 0001876581 us-gaap:RestrictedStockMember 2023-01-01 2023-06-30 0001876581 us-gaap:EmployeeStockOptionMember 2023-01-01 2023-06-30 0001876581 us-gaap:RestrictedStockMember us-gaap:GeneralAndAdministrativeExpenseMember 2023-01-01 2023-06-30 0001876581 impp:SeriesCRedeemablePreferredStockMember us-gaap:RedeemablePreferredStockMember 2023-01-01 2023-06-30 0001876581 impp:SeriesCRedeemablePreferredStockMember us-gaap:CommonStockMember 2023-01-01 2023-06-30 0001876581 impp:SeriesCRedeemablePreferredStockMember 2023-01-01 2023-06-30 0001876581 us-gaap:SeriesAPreferredStockMember us-gaap:RetainedEarningsMember 2023-01-01 2023-06-30 0001876581 us-gaap:SeriesCPreferredStockMember us-gaap:RetainedEarningsMember 2023-01-01 2023-06-30 0001876581 us-gaap:RetainedEarningsMember 2023-01-01 2023-06-30 0001876581 impp:UnexcercisedWarrantsThatWereOutOfMoneyMember 2023-01-01 2023-06-30 0001876581 us-gaap:RelatedPartyMember 2024-01-01 2024-06-30 0001876581 us-gaap:CommonStockMember 2024-01-01 2024-06-30 0001876581 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-06-30 0001876581 impp:TankpunkIncMember 2024-01-01 2024-06-30 0001876581 impp:AquaticSuccessInternationalIncMember 2024-01-01 2024-06-30 0001876581 impp:AlpineHydrocarbonsIncMember 2024-01-01 2024-06-30 0001876581 impp:PoseidonasCorporationIncMember 2024-01-01 2024-06-30 0001876581 impp:ImperialPetroleumProductSolutionsIncMember 2024-01-01 2024-06-30 0001876581 impp:NirvanaProductTradingIncMember 2024-01-01 2024-06-30 0001876581 impp:VolumeJetTradingIncMember 2024-01-01 2024-06-30 0001876581 impp:InternationalCrudeAndProductEnterprisesMember 2024-01-01 2024-06-30 0001876581 impp:PetroleumTradingAndShippingMember 2024-01-01 2024-06-30 0001876581 impp:HavenExoticTradingIncMember 2024-01-01 2024-06-30 0001876581 impp:BlueOddyseyInternationalIncMember 2024-01-01 2024-06-30 0001876581 impp:CleanPowerIncMember 2024-01-01 2024-06-30 0001876581 impp:MrRoiIncMember 2024-01-01 2024-06-30 0001876581 impp:KingOfHeartsIncMember 2024-01-01 2024-06-30 0001876581 us-gaap:SeriesAPreferredStockMember 2024-01-01 2024-06-30 0001876581 impp:TimeCharterRevenuesMember 2024-01-01 2024-06-30 0001876581 impp:VoyageCharterRevenuesMember 2024-01-01 2024-06-30 0001876581 srt:MinimumMember impp:ManagementFeesMember 2024-01-01 2024-06-30 0001876581 srt:MaximumMember impp:ManagementFeesMember 2024-01-01 2024-06-30 0001876581 impp:SuperintendentFeesMember 2024-01-01 2024-06-30 0001876581 impp:BrokerageCommissionsMember 2024-01-01 2024-06-30 0001876581 impp:ManagementFeesMember 2024-01-01 2024-06-30 0001876581 impp:CrewManagementFeesMember 2024-01-01 2024-06-30 0001876581 impp:CommissionOnVesselsPurchasedMember 2024-01-01 2024-06-30 0001876581 impp:NetLossOnSaleOfVesselMember 2024-01-01 2024-06-30 0001876581 impp:RentalExpenseMember 2024-01-01 2024-06-30 0001876581 impp:ExecutiveCompensationMember 2024-01-01 2024-06-30 0001876581 impp:CommissionOnVesselsPurchasedMember impp:HellenicManningOverseasIncMember 2024-01-01 2024-06-30 0001876581 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-06-30 0001876581 us-gaap:RestrictedStockMember 2024-01-01 2024-06-30 0001876581 us-gaap:RestrictedStockMember us-gaap:GeneralAndAdministrativeExpenseMember 2024-01-01 2024-06-30 0001876581 us-gaap:SeriesAPreferredStockMember us-gaap:RetainedEarningsMember 2024-01-01 2024-06-30 0001876581 impp:SpinOffTransactionMember impp:C3isIncMember impp:SeriesAPerpetualConvertiblePreferredSharesMember us-gaap:PreferredStockMember 2024-01-01 2024-06-30 0001876581 us-gaap:RestrictedStockMember us-gaap:ShareBasedCompensationAwardTrancheOneMember 2024-01-01 2024-06-30 0001876581 us-gaap:RestrictedStockMember us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2024-01-01 2024-06-30 0001876581 us-gaap:RetainedEarningsMember 2024-01-01 2024-06-30 0001876581 impp:StealthBeranaMember impp:C3isIncMember 2024-01-01 2024-06-30 0001876581 impp:UnexcercisedWarrantsThatWereOutOfMoneyMember 2024-01-01 2024-06-30 0001876581 us-gaap:EmployeeStockOptionMember 2024-01-01 2024-06-30 0001876581 impp:C3isIncMember 2024-01-01 2024-06-30 0001876581 impp:ClassEWarrantMember 2024-01-01 2024-06-30 0001876581 us-gaap:OtherOperatingIncomeExpenseMember 2024-01-01 2024-06-30 0001876581 impp:StealthHaralmbosMember 2024-01-01 2024-06-30 0001876581 impp:StealthgasInc.Member 2021-05-14 0001876581 impp:SpinOffTransactionMember us-gaap:CommonStockMember 2021-11-10 2021-11-10 0001876581 impp:SpinOffTransactionMember us-gaap:PreferredClassAMember us-gaap:PreferredStockMember 2021-11-10 2021-11-10 0001876581 impp:SpinOffTransactionMember us-gaap:CommonStockMember 2021-12-03 2021-12-03 0001876581 impp:SpinOffTransactionMember us-gaap:PreferredClassAMember us-gaap:PreferredStockMember 2021-12-03 2021-12-03 0001876581 impp:SpinOffTransactionMember impp:C3isIncMember impp:SeriesAPerpetualConvertiblePreferredSharesMember us-gaap:PreferredStockMember 2023-06-21 2023-06-21 0001876581 impp:SpinOffTransactionMember impp:SeriesAPerpetualConvertiblePreferredSharesMember us-gaap:PreferredStockMember 2023-06-21 2023-06-21 0001876581 impp:SpinOffTransactionMember impp:C3isIncMember impp:SeriesAPerpetualConvertiblePreferredSharesMember us-gaap:PreferredStockMember 2023-06-21 0001876581 impp:C3isIncMember 2023-06-21 0001876581 impp:SpinOffTransactionMember impp:SeriesAPerpetualConvertiblePreferredSharesMember 2023-06-21 0001876581 impp:CrewManagementFeesMember impp:HellenicManningOverseasIncMember 2020-05-31 2020-05-31 0001876581 impp:GlorieuseMember 2023-02-14 2023-02-14 0001876581 impp:GlorieuseAndEcoWildfireMember 2023-02-14 2023-02-14 0001876581 impp:GlorieuseMember us-gaap:SeriesCPreferredStockMember 2023-02-14 2023-02-14 0001876581 impp:StealthBeranaMember impp:C3isIncMember 2023-07-07 2023-07-07 0001876581 impp:StealthBeranaMember impp:C3isIncMember 2023-07-07 0001876581 impp:CompanyAffiliatedWithMembersOfTheFamilyOfTheChiefExecutiveOfficerMember 2023-09-05 2023-09-05 0001876581 impp:CompanyAffiliatedWithMembersOfTheFamilyOfTheChiefExecutiveOfficerMember 2024-05-17 2024-05-17 0001876581 impp:CompanyAffiliatedWithMembersOfTheFamilyOfTheChiefExecutiveOfficerMember 2024-04-01 2024-06-30 0001876581 impp:ClassEWarrantMember 2024-07-01 2024-07-31 0001876581 us-gaap:RestrictedStockMember 2022-12-31 0001876581 us-gaap:EmployeeStockOptionMember 2022-12-31 0001876581 us-gaap:RestrictedStockMember 2023-06-30 0001876581 us-gaap:EmployeeStockOptionMember 2023-06-30 0001876581 impp:SevenJapaneseBuiltTankersMember impp:CompaniesAffiliatedWithMembersOfTheFamilyOfTheChiefExecutiveOfficerMember us-gaap:SubsequentEventMember 2024-09-01 2024-09-30 0001876581 us-gaap:CommonStockMember 2023-04-28 2023-04-28 0001876581 us-gaap:WarrantMember 2023-04-28 2023-04-28 0001876581 impp:StealthBeranaMember impp:C3isIncMember 2023-07-14 2023-07-14 0001876581 impp:StealthBeranaMember impp:C3isIncMember 2023-07-14 0001876581 impp:StealthBeranaMember impp:C3isIncMember 2023-07-14 2023-12-31 0001876581 us-gaap:CommonStockMember 2022-12-31 0001876581 us-gaap:PreferredStockMember 2022-12-31 0001876581 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001876581 us-gaap:RetainedEarningsMember 2022-12-31 0001876581 us-gaap:CommonStockMember 2023-06-30 0001876581 us-gaap:PreferredStockMember 2023-06-30 0001876581 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001876581 us-gaap:RetainedEarningsMember 2023-06-30 0001876581 us-gaap:RedeemablePreferredStockMember 2023-06-30 0001876581 us-gaap:CommonStockMember 2023-12-31 0001876581 us-gaap:TreasuryStockCommonMember 2023-12-31 0001876581 us-gaap:PreferredStockMember 2023-12-31 0001876581 us-gaap:RetainedEarningsMember 2023-12-31 0001876581 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001876581 us-gaap:CommonStockMember 2024-06-30 0001876581 us-gaap:PreferredStockMember 2024-06-30 0001876581 us-gaap:TreasuryStockCommonMember 2024-06-30 0001876581 us-gaap:RetainedEarningsMember 2024-06-30 0001876581 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 iso4217:USD xbrli:shares utr:t xbrli:pure utr:Year utr:Day iso4217:USD xbrli:shares
SECURITIES AND EX
CHA
NGE COMMISSION
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2024
Commission File Number 001-41095
(Translation of registrant’s name into English)
331 Kifissias Avenue Erithrea 14561 Athens, Greece
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
EXHIBIT INDEX
|
|
|
|
| |
| |
|
101.INS |
|
Inline XBRL Instance Document |
|
|
| |
|
| |
101.SCH |
|
Inline XBRL Taxonomy Extension Schema |
|
|
| |
|
| |
101.CAL |
|
Inline XBRL Taxonomy Extension Calculation Linkbase |
|
|
| |
|
| |
101.DEF |
|
Inline XBRL Taxonomy Extension Definition Linkbase |
|
|
| |
|
| |
101.LAB |
|
Inline XBRL Taxonomy Extension Label Linkbase |
|
|
| |
|
| |
101.PRE |
|
Inline XBRL Taxonomy Extension Presentation Linkbase |
|
|
| |
|
| |
104 |
|
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
This report on
hereby incorporated by reference into the Company’s Registration Statement on
Form F-3 (Reg. No. 333-268663), Post
Effective Amendment No. 1 to
Statement
(Reg. No. 333-266031) and
Registration Statements on
Nos. 333-275745 and 333-278813), including
the prospectuses contained therein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
| |
| IMPERIAL PETROLEUM INC. |
|
| |
| By: |
|
/s/ Ifigeneia Sakellari |
| Name: |
|
Ifigeneia Sakellari |
| Title: |
|
Chief Financial Officer |
