International Seaways to Issue About 1,100,000 Unregistered Shares in Bruton Acquisition

By Public Technologies13:13 (UTC), 3 November 2026 Updated

International Seaways will issue approximately 1,100,000 common shares for its Bruton acquisition, completed November 2, 2026.
The shares will be issued under the Securities Act’s Rule 802 registration exemption; U.S. holders owned fewer than 10% of Bruton shares.
Holders of more than 10,000 Bruton common shares receive 0.05190 acquirer common shares per share, with cash for fractional shares.
Holders of 10,000 or fewer Bruton common shares receive $6.3044 per share in cash.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Seaways Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-121663), on November 03, 2026, and is solely responsible for the information contained therein.