Pyxis Tankers Inc
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Industrials : Marine | Small Cap Value
Based in Greece
Company profile

Pyxis Tankers Inc. is a maritime transportation holding company. The Company is focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,295 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,795 dwt, Pyxis Malou with carrying capacity of over 50,667 dwt; Pyxis Delta with carrying capacity of approximately 46,616 dwt; Northsea Beta with carrying capacity of over 8,647 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt. Four of the Company's vessels in the fleet are medium-range (MR), product tankers, three have eco-efficient or eco-modified designs, and two of them are short-range tanker sister ships. Its 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.

This security is a preferred stock
Closing Price
$14.05
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
3,291
0

SoFi stock dips after Social Capital CEO Palihapitiya says he sold 15% of stake

7:20 am ET November 19, 2021 (MarketWatch)
Print

By Emily Bary

Palihapitiya was looking to 'build up some cash reserves and fund several new investments'

Shares of SoFi Technologies Inc. were off 1.3% in premarket trading Friday after Social Capital Chief Executive Chamath Palihapitiya said that he sold roughly 15% of his stake in SoFi "to build up some cash reserves and fund several new investments."

Those investments include Mitra Chem, a battery-production company; Spectral, a credit-scoring company; and Syndica, a blockchain infrastructure company, Palihapitiya disclosed in a letter that he posted to Twitter Thursday afternoon. Palihapitiya also anticipates that he will add to his public investment in Clover Health through that company's primary offering.

"We remain a significant investor in SoFi (retaining 85% of our original stake and are excited about their path ahead," he said in the Twitter letter. SoFi (SOFI)merged with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company, in the process of going public in June.

SoFi's stock is on pace to decline for the fourth straight day if its premarket losses carry through to the close.

The financial-technology company announced late Monday that some selling shareholders including SoftBank Group Corp. and Silver Lake Partners would be conducting a secondary offering of 50 million shares. SoFi disclosed in a Thursday afternoon filing that the secondary offering was complete.

SoFi did not raise any money through the secondary offering.

Shares of SoFi are up 48.8% over a three-month span as the S&P 500 has risen 6.8%.

-Emily Bary

	

(END) Dow Jones Newswires

November 19, 2021 07:20 ET (12:20 GMT)

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