PANGAEA LOGISTICS SOLUTIONS LTD. (NASDAQ:PANL) Files An 8-K Completion of Acquisition or Disposition of Assets

PANGAEA LOGISTICS SOLUTIONS LTD. (NASDAQ:PANL) Files An 8-K Completion of Acquisition or Disposition of Assets

Item 2.01

Results of Operations and Financial Condition.
On March 22, 2017, Registrant issued a press release announcing
financial results for the three and twelve months ended December
31, 2016. The full text of this press release is included as
Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Current Report, including the exhibit
attached hereto, is being furnished and shall not be deemed filed
for the purposes of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that Section. The
information in this Current Report shall not be incorporated by
reference into any registration statement to the Securities Act
of 1933.
Item 7.01
Regulation FD Disclosure.
The slide presentation contains summary information regarding the
Company and includes financial results for the three and twelve
months ended December 31, 2016>and 2015. The presentation,
which may be distributed to potential shareholders, is attached
as Exhibit 99.2 to this Current Report on Form 8-K. Statements in
this Current Report on Form 8-K, may contain certain statements
about the Company and its consolidated subsidiaries that do not
directly or exclusively relate to historical facts. The
statements are forward-looking statements within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements are necessarily estimates reflecting
the best judgment and current expectations, plans, assumptions
and beliefs about future events (in each case subject to change)
of the Companys senior management and management of its
subsidiaries and involve a number of risks, uncertainties and
other factors, some of which may be beyond the Companys control
that could cause actual results to differ materially from those
expressed or implied in such forward-looking statements. Without
limitation, any statements preceded or followed by or that
include the words targets, plans, believes, expects, intends,
will, likely, may, anticipates, estimates, projects, should,
would, expect, positioned, strategy, future, potential, plan,
forecast, or words, phrases or terms of similar substance or the
negative thereof, are forward-looking statements. Factors that
could cause actual results to differ materially from those
expressed or implied by the forward-looking statements are
discussed under the heading Risk Factors and Forward-Looking
Statements in the companys most recent annual report on Form 10-K
filed with the Securities and Exchange Commission (SEC), as they
may be updated in any future reports filed with the SEC. If one
or more of these factors materialize, or if any underlying
assumptions prove incorrect, the Companys actual results,
performance, or achievements may vary materially from any future
results, performance or achievements expressed or implied by
these forward-looking statements. Forward-looking statements
included herein are made as of the date hereof, and the Company
undertakes no obligation to update publicly such statements to
reflect subsequent events or circumstances. The information in
this Current Report, including the exhibit attached hereto, is
being furnished and shall not be deemed filed for the purposes of
Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that Section. The information in
this Current Report shall not be incorporated by reference into
any registration statement to the Securities Act of 1933.
Item 9.01
Financial Statements, Pro Forma Financial Information
and Exhibits.
(d)
Exhibits
Exhibit
Description
99.1
Press Release of Pangaea Logistics Solutions Ltd. dated
March 22, 2017>announcing financial results for the
three months and year ended December 31, 2016>and 2015.
99.2
Investor Presentation of Pangaea Logistics Solutions Ltd.
dated March 22, 2017>


About PANGAEA LOGISTICS SOLUTIONS LTD. (NASDAQ:PANL)

Pangaea Logistics Solutions, Ltd. is a holding company. The Company is a provider of seaborne drybulk transportation services. The Company services a range of industrial customers who require the transportation of a range of drybulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. The Company addresses the transportation needs of its customers by undertaking a set of services and activities, including cargo loading, cargo discharge, vessel chartering, voyage planning and technical vessel management. The Company uses a mix of owned and chartered-in motor vessels to transport over 18.3 million deadweight tons (dwt) of cargo to approximately 100 ports across the world, averaging over 40 vessels in service. The Company’s owned fleet includes eight Panamax drybulk carriers, four Supramax drybulk carriers and two Handymax drybulk carriers. Its vessels include Nordic Orion, Nordic Odyssey and Bulk Trident.

PANGAEA LOGISTICS SOLUTIONS LTD. (NASDAQ:PANL) Recent Trading Information

PANGAEA LOGISTICS SOLUTIONS LTD. (NASDAQ:PANL) closed its last trading session 00.00 at 3.40 with 39,144 shares trading hands.

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