Subject: Pyxis Tankers (PXS)
Pyxis Tankers (PXS) is a small Greek-managed tanker company. PXS owns 4 MR2 tankers, vessels that carry refined petroleum products, chemicals, and/or edible oils. Other Greek owners with small fleets tend to be quite abusive with their shareholders (OceanPal (OP), Castor Maritime (CSTR), Imperial Petroleum (IMPP)), usually with massive dilution and/or reverse splits. But, this does not seem to be the strategy of PXS.

PXS does have some preferred shares that could convert in Oct 2023.

So far, my digging suggests nothing too out-of-whack with this company - debt, age-of-fleet