AGÕæÈ˹ٷ½

STOCK TITAN

[8-K] DXC Technology Company Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Schedule 13D filing overview

On 06/30/2025 Atlantis Holding Corp. and Icon Energy Corp.’s Chairwoman & CEO, Ismini Panagiotidi, disclosed beneficial ownership of 7,685,546 common shares of Icon Energy (“ICONâ€�), representing 77.9 % of the outstanding class.

The position consists of (i) 5,000 common shares held directly and (ii) 7,680,546 shares issuable upon conversion of 17,249 Series A Cumulative Convertible Perpetual Preferred Shares. The Series A shares are convertible, in whole (not in part), between 16 Jul 2025 and 15 Jul 2032 at the lower of US $240 or the 5-day VWAP immediately before notice.

The preferred stock was issued under a 11 Jun 2024 exchange whereby ICON acquired Maui Shipping Co.; a further 2,249 Series A shares were issued in-kind for dividends on 30 Jun 2025. Atlantis is incorporated in the Marshall Islands; Ms. Panagiotidi controls Atlantis and Pavimar Shipping, which manages vessels operated by ICON.

The filing states the stake is held for investment purposes and that there are currently no definitive plans for additional transactions affecting ICON’s capital, governance or operations, though regular discussions with management and directors occur.

Key investor takeaways: (1) ICON is effectively insider-controlled, limiting minority influence; (2) up to 7.68 million new shares could be issued after July 2025, creating potential dilution risk; (3) conversion price linkage to VWAP may mitigate extreme pricing but favors the holder if shares trade below US $240.

Panoramica della dichiarazione Schedule 13D

Il 30/06/2025 Atlantis Holding Corp. e la Presidente e CEO di Icon Energy Corp., Ismini Panagiotidi, hanno comunicato la proprietà beneficiaria di 7.685.546 azioni ordinarie di Icon Energy (“ICON�), pari al 77,9% della classe in circolazione.

La posizione è composta da (i) 5.000 azioni ordinarie detenute direttamente e (ii) 7.680.546 azioni emesse a seguito della conversione di 17.249 azioni privilegiate cumulative perpetue Serie A. Le azioni Serie A sono convertibili, interamente (non parzialmente), tra il 16 luglio 2025 e il 15 luglio 2032 al prezzo più basso tra 240 USD o la media ponderata dei prezzi di chiusura degli ultimi 5 giorni prima della comunicazione.

Le azioni privilegiate sono state emesse nell’ambito di uno scambio avvenuto l�11 giugno 2024, con cui ICON ha acquisito Maui Shipping Co.; ulteriori 2.249 azioni Serie A sono state emesse in natura come dividendi il 30 giugno 2025. Atlantis è costituita nelle Isole Marshall; la Sig.ra Panagiotidi controlla Atlantis e Pavimar Shipping, che gestisce le navi operate da ICON.

La dichiarazione specifica che la partecipazione è detenuta a scopo d’investimento e che attualmente non ci sono piani definitivi per ulteriori operazioni che riguardino il capitale, la governance o le attività di ICON, anche se vi sono discussioni regolari con la direzione e i consiglieri.

Punti chiave per gli investitori: (1) ICON è di fatto controllata dall’interno, limitando l’influenza delle minoranze; (2) dopo luglio 2025 potrebbero essere emesse fino a 7,68 milioni di nuove azioni, generando un potenziale rischio di diluizione; (3) il prezzo di conversione legato alla VWAP può attenuare variazioni estreme di prezzo ma avvantaggia il titolare se le azioni scendono sotto i 240 USD.

Resumen de la presentación Schedule 13D

El 30/06/2025 Atlantis Holding Corp. y la Presidenta y CEO de Icon Energy Corp., Ismini Panagiotidi, revelaron la propiedad beneficiaria de 7,685,546 acciones ordinarias de Icon Energy (“ICON�), representando el 77.9% de la clase en circulación.

La posición consiste en (i) 5,000 acciones ordinarias en propiedad directa y (ii) 7,680,546 acciones emitibles tras la conversión de 17,249 acciones preferentes perpetuas acumulativas Serie A. Las acciones Serie A son convertibles, en su totalidad (no parcialmente), entre el 16 de julio de 2025 y el 15 de julio de 2032 al menor valor entre US $240 o el VWAP de 5 días inmediatamente anterior al aviso.

Las acciones preferentes fueron emitidas en un canje del 11 de junio de 2024 mediante el cual ICON adquirió Maui Shipping Co.; además, se emitieron 2,249 acciones Serie A en especie como dividendos el 30 de junio de 2025. Atlantis está constituida en las Islas Marshall; la Sra. Panagiotidi controla Atlantis y Pavimar Shipping, que gestiona los buques operados por ICON.

La presentación indica que la participación se mantiene con fines de inversión y que actualmente no existen planes definitivos para transacciones adicionales que afecten el capital, la gobernanza o las operaciones de ICON, aunque se mantienen discusiones regulares con la dirección y los directores.

Puntos clave para inversores: (1) ICON está efectivamente bajo control interno, limitando la influencia de minorías; (2) hasta 7.68 millones de nuevas acciones podrían emitirse después de julio de 2025, generando un posible riesgo de dilución; (3) la vinculación del precio de conversión al VWAP puede mitigar precios extremos pero favorece al titular si las acciones cotizan por debajo de US $240.

Schedule 13D 제출 개요

2025ë…� 6ì›� 30ì�, Atlantis Holding Corp.와 Icon Energy Corp.ì� 회장 ê²� CEOì� Ismini PanagiotidiëŠ� Icon Energy(“ICONâ€�)ì� 7,685,546 보통ì£�ì—� 대í•� 실소유권ì� 공개했으ë©�, ì´ëŠ” 발행 주ì‹ì� 77.9%ì—� 해당합니ë‹�.

보유 ë‚´ì—­ì€ (i) ì§ì ‘ 보유í•� 5,000 보통주와 (ii) 17,249ì£� 시리ì¦� A ëˆ„ì  ì „í™˜ ê°€ëŠ� ì˜êµ¬ 우선주ì—ì„� 전환 가능한 7,680,546ì£�ë¡� 구성ë©ë‹ˆë‹�. 시리ì¦� A 주ì‹ì€ 2025ë…� 7ì›� 16ì¼ë¶€í„� 2032ë…� 7ì›� 15ì¼ê¹Œì§€ ì „ë¶€(ë¶€ë¶� 전환 불가) 전환 가능하ë©�, 전환 ê°€ê²©ì€ í†µì§€ ì§ì „ 5ì¼ê°„ VWAP와 미화 240달러 ì¤� ë‚®ì€ ê¸ˆì•¡ìœ¼ë¡œ 정해집니ë‹�.

우선주는 2024ë…� 6ì›� 11ì� ICONì� Maui Shipping Co.ë¥� ì¸ìˆ˜í•˜ëŠ” êµí™˜ 계약ì—� ë”°ë¼ ë°œí–‰ë˜ì—ˆìœ¼ë©°, 2025ë…� 6ì›� 30ì¼ì—ëŠ� 배당금으ë¡� 2,249주가 추가 발행ë˜ì—ˆìŠµë‹ˆë‹�. AtlantisëŠ� 마셜 ì œë„ì—� 설립ë˜ì—ˆìœ¼ë©°, Panagiotidi 씨는 Atlantis와 ICONì� ìš´ì˜í•˜ëŠ” ì„ ë°•ì� 관리하ëŠ� Pavimar Shippingì� 통제하고 있습니다.

제출 서류ì—는 ì§€ë¶„ì´ íˆ¬ìž ëª©ì ìœ¼ë¡œ 보유ë˜ê³  있으ë©� 현재 ICONì� ìžë³¸, 거버넌스 ë˜ëŠ” ìš´ì˜ì—� ì˜í–¥ì� 미치ëŠ� 추가 거래ì—� 대í•� 구체ì ì¸ 계íšì€ ì—�다고 명시ë˜ì–´ 있으ë‚�, ê²½ì˜ì§� ë°� ì´ì‚¬ë“¤ê³¼ 정기ì ì¸ ë…¼ì˜ëŠ� ì´ë£¨ì–´ì§€ê³� 있습니다.

주요 투ìžìž� 시사ì �: (1) ICONì€ ì‚¬ì‹¤ìƒ� ë‚´ë¶€ìž� 통제 í•˜ì— ìžˆì–´ 소수 주주ì� ì˜í–¥ë ¥ì´ 제한ë�; (2) 2025ë…� 7ì›� ì´í›„ 최대 768ë§� ì£� ì‹ ê·œ 발행 가능성으로 í¬ì„ 위험 존재; (3) 전환 ê°€ê²©ì´ VWAPì—� ì—°ë™ë˜ì–´ 극단ì � ê°€ê²� ë³€ë™ì„ 완화하지ë§�, 주가가 240달러 미만ì� 경우 보유ìžì—ê²� 유리í•�.

Présentation du dépôt Schedule 13D

Le 30/06/2025, Atlantis Holding Corp. et la Présidente-directrice générale d’Icon Energy Corp., Ismini Panagiotidi, ont déclaré une propriété bénéficiaire de 7 685 546 actions ordinaires d’Icon Energy (« ICON »), représentant 77,9 % de la classe en circulation.

La position comprend (i) 5 000 actions ordinaires détenues directement et (ii) 7 680 546 actions susceptibles d’être émises suite à la conversion de 17 249 actions préférentielles cumulatives perpétuelles de Série A. Les actions de Série A sont convertibles en totalité (pas partiellement) entre le 16 juillet 2025 et le 15 juillet 2032 au prix le plus bas entre 240 USD ou la moyenne pondérée en volume des 5 derniers jours avant notification.

Les actions préférentielles ont été émises dans le cadre d’un échange du 11 juin 2024 par lequel ICON a acquis Maui Shipping Co. ; 2 249 actions de Série A supplémentaires ont été émises en nature à titre de dividendes le 30 juin 2025. Atlantis est constituée aux Îles Marshall ; Mme Panagiotidi contrôle Atlantis ainsi que Pavimar Shipping, qui gère les navires exploités par ICON.

Le dépôt indique que la participation est détenue à des fins d’investissement et qu’il n’y a actuellement aucun plan définitif pour des transactions supplémentaires affectant le capital, la gouvernance ou les opérations d’ICON, bien que des discussions régulières aient lieu avec la direction et les administrateurs.

Points clés pour les investisseurs : (1) ICON est effectivement sous contrôle interne, limitant l’influence des minoritaires ; (2) jusqu’� 7,68 millions de nouvelles actions pourraient être émises après juillet 2025, créant un risque potentiel de dilution ; (3) la fixation du prix de conversion liée au VWAP peut atténuer les fluctuations extrêmes mais favorise le détenteur si les actions se négocient en dessous de 240 USD.

Überblick zur Schedule 13D-Meldung

Am 30.06.2025 haben Atlantis Holding Corp. und die Vorsitzende sowie CEO von Icon Energy Corp., Ismini Panagiotidi, den wirtschaftlichen Eigentum an 7.685.546 Stammaktien von Icon Energy („ICON�) offengelegt, was 77,9 % der ausstehenden Aktienklasse entspricht.

Die Position besteht aus (i) 5.000 direkt gehaltenen Stammaktien und (ii) 7.680.546 Aktien, die durch Umwandlung von 17.249 Series A kumulativen, wandelbaren, ewigen Vorzugsaktien ausgegeben werden können. Die Series A Aktien sind ganz (nicht teilweise) zwischen dem 16. Juli 2025 und dem 15. Juli 2032 wandelbar zum niedrigeren Wert von 240 US-Dollar oder dem 5-Tage VWAP unmittelbar vor der Mitteilung.

Die Vorzugsaktien wurden im Rahmen eines Tauschs am 11. Juni 2024 ausgegeben, bei dem ICON Maui Shipping Co. erwarb; weitere 2.249 Series A Aktien wurden am 30. Juni 2025 als Dividenden in Form von Sachleistungen ausgegeben. Atlantis ist auf den Marshallinseln registriert; Frau Panagiotidi kontrolliert Atlantis sowie Pavimar Shipping, das Schiffe betreibt, die von ICON eingesetzt werden.

Die Meldung gibt an, dass die Beteiligung zu Investitionszwecken gehalten wird und derzeit keine endgültigen Pläne für weitere Transaktionen vorliegen, die das Kapital, die Governance oder den Betrieb von ICON betreffen, obwohl regelmäßige Gespräche mit dem Management und den Direktoren stattfinden.

Wichtige Erkenntnisse für Investoren: (1) ICON ist faktisch insiderkontrolliert, was den Einfluss von Minderheitsaktionären einschränkt; (2) nach Juli 2025 könnten bis zu 7,68 Millionen neue Aktien ausgegeben werden, was ein potenzielles ³Õ±ð°ù·Éä²õ²õ±ð°ù³Ü²Ô²µ²õ°ù¾±²õ¾±°ì´Ç darstellt; (3) die Verknüpfung des Wandlungspreises mit dem VWAP kann extreme Preisschwankungen mildern, begünstigt aber den Inhaber, falls die Aktien unter 240 US-Dollar gehandelt werden.

Positive
  • High insider ownership (77.9 %) aligns management incentives with shareholder value.
  • Conversion price capped at US $240 or VWAP, potentially limiting extreme dilution if shares appreciate strongly.
Negative
  • Issuance of up to 7.68 million new shares could dilute existing holders by more than 3.5× once conversion occurs.
  • Single insider group controls voting power, reducing minority influence and elevating governance risk.

Insights

TL;DR � 78 % insider stake signals control; dilution risk starts July 2025.

The 13D confirms near-total control of ICON by Atlantis/CEO Panagiotidi. While alignment of interests can be beneficial, minority investors should price in a controlling shareholder’s ability to pass corporate actions unilaterally. The 17,249 Series A preferred shares convert in whole, not in part, preventing gradual sales but unleashing a 351 % share-count increase once exercised. With conversion tied to VWAP, dilution could be severe if ICON trades well below US $240. Until conversion, preferred dividends may continue to be paid in-kind, compounding overhang. I view the filing as strategically important but not yet value-changing, hence a neutral rating.

TL;DR � Single-party control raises governance and minority-rights concerns.

Atlantis and Ms. Panagiotidi now command nearly 78 % voting power, effectively eliminating public float influence. Such concentration increases related-party-transaction risk, especially given Pavimar’s operational ties. The absence of stated plans offers limited comfort; a controlling shareholder can alter bylaws, approve financings or mergers without minority consent. Future conversion of the preferreds will further cement control while diluting outsiders. Minority investors should monitor board independence and disclosure robustness. Overall governance impact: negative.

Panoramica della dichiarazione Schedule 13D

Il 30/06/2025 Atlantis Holding Corp. e la Presidente e CEO di Icon Energy Corp., Ismini Panagiotidi, hanno comunicato la proprietà beneficiaria di 7.685.546 azioni ordinarie di Icon Energy (“ICON�), pari al 77,9% della classe in circolazione.

La posizione è composta da (i) 5.000 azioni ordinarie detenute direttamente e (ii) 7.680.546 azioni emesse a seguito della conversione di 17.249 azioni privilegiate cumulative perpetue Serie A. Le azioni Serie A sono convertibili, interamente (non parzialmente), tra il 16 luglio 2025 e il 15 luglio 2032 al prezzo più basso tra 240 USD o la media ponderata dei prezzi di chiusura degli ultimi 5 giorni prima della comunicazione.

Le azioni privilegiate sono state emesse nell’ambito di uno scambio avvenuto l�11 giugno 2024, con cui ICON ha acquisito Maui Shipping Co.; ulteriori 2.249 azioni Serie A sono state emesse in natura come dividendi il 30 giugno 2025. Atlantis è costituita nelle Isole Marshall; la Sig.ra Panagiotidi controlla Atlantis e Pavimar Shipping, che gestisce le navi operate da ICON.

La dichiarazione specifica che la partecipazione è detenuta a scopo d’investimento e che attualmente non ci sono piani definitivi per ulteriori operazioni che riguardino il capitale, la governance o le attività di ICON, anche se vi sono discussioni regolari con la direzione e i consiglieri.

Punti chiave per gli investitori: (1) ICON è di fatto controllata dall’interno, limitando l’influenza delle minoranze; (2) dopo luglio 2025 potrebbero essere emesse fino a 7,68 milioni di nuove azioni, generando un potenziale rischio di diluizione; (3) il prezzo di conversione legato alla VWAP può attenuare variazioni estreme di prezzo ma avvantaggia il titolare se le azioni scendono sotto i 240 USD.

Resumen de la presentación Schedule 13D

El 30/06/2025 Atlantis Holding Corp. y la Presidenta y CEO de Icon Energy Corp., Ismini Panagiotidi, revelaron la propiedad beneficiaria de 7,685,546 acciones ordinarias de Icon Energy (“ICON�), representando el 77.9% de la clase en circulación.

La posición consiste en (i) 5,000 acciones ordinarias en propiedad directa y (ii) 7,680,546 acciones emitibles tras la conversión de 17,249 acciones preferentes perpetuas acumulativas Serie A. Las acciones Serie A son convertibles, en su totalidad (no parcialmente), entre el 16 de julio de 2025 y el 15 de julio de 2032 al menor valor entre US $240 o el VWAP de 5 días inmediatamente anterior al aviso.

Las acciones preferentes fueron emitidas en un canje del 11 de junio de 2024 mediante el cual ICON adquirió Maui Shipping Co.; además, se emitieron 2,249 acciones Serie A en especie como dividendos el 30 de junio de 2025. Atlantis está constituida en las Islas Marshall; la Sra. Panagiotidi controla Atlantis y Pavimar Shipping, que gestiona los buques operados por ICON.

La presentación indica que la participación se mantiene con fines de inversión y que actualmente no existen planes definitivos para transacciones adicionales que afecten el capital, la gobernanza o las operaciones de ICON, aunque se mantienen discusiones regulares con la dirección y los directores.

Puntos clave para inversores: (1) ICON está efectivamente bajo control interno, limitando la influencia de minorías; (2) hasta 7.68 millones de nuevas acciones podrían emitirse después de julio de 2025, generando un posible riesgo de dilución; (3) la vinculación del precio de conversión al VWAP puede mitigar precios extremos pero favorece al titular si las acciones cotizan por debajo de US $240.

Schedule 13D 제출 개요

2025ë…� 6ì›� 30ì�, Atlantis Holding Corp.와 Icon Energy Corp.ì� 회장 ê²� CEOì� Ismini PanagiotidiëŠ� Icon Energy(“ICONâ€�)ì� 7,685,546 보통ì£�ì—� 대í•� 실소유권ì� 공개했으ë©�, ì´ëŠ” 발행 주ì‹ì� 77.9%ì—� 해당합니ë‹�.

보유 ë‚´ì—­ì€ (i) ì§ì ‘ 보유í•� 5,000 보통주와 (ii) 17,249ì£� 시리ì¦� A ëˆ„ì  ì „í™˜ ê°€ëŠ� ì˜êµ¬ 우선주ì—ì„� 전환 가능한 7,680,546ì£�ë¡� 구성ë©ë‹ˆë‹�. 시리ì¦� A 주ì‹ì€ 2025ë…� 7ì›� 16ì¼ë¶€í„� 2032ë…� 7ì›� 15ì¼ê¹Œì§€ ì „ë¶€(ë¶€ë¶� 전환 불가) 전환 가능하ë©�, 전환 ê°€ê²©ì€ í†µì§€ ì§ì „ 5ì¼ê°„ VWAP와 미화 240달러 ì¤� ë‚®ì€ ê¸ˆì•¡ìœ¼ë¡œ 정해집니ë‹�.

우선주는 2024ë…� 6ì›� 11ì� ICONì� Maui Shipping Co.ë¥� ì¸ìˆ˜í•˜ëŠ” êµí™˜ 계약ì—� ë”°ë¼ ë°œí–‰ë˜ì—ˆìœ¼ë©°, 2025ë…� 6ì›� 30ì¼ì—ëŠ� 배당금으ë¡� 2,249주가 추가 발행ë˜ì—ˆìŠµë‹ˆë‹�. AtlantisëŠ� 마셜 ì œë„ì—� 설립ë˜ì—ˆìœ¼ë©°, Panagiotidi 씨는 Atlantis와 ICONì� ìš´ì˜í•˜ëŠ” ì„ ë°•ì� 관리하ëŠ� Pavimar Shippingì� 통제하고 있습니다.

제출 서류ì—는 ì§€ë¶„ì´ íˆ¬ìž ëª©ì ìœ¼ë¡œ 보유ë˜ê³  있으ë©� 현재 ICONì� ìžë³¸, 거버넌스 ë˜ëŠ” ìš´ì˜ì—� ì˜í–¥ì� 미치ëŠ� 추가 거래ì—� 대í•� 구체ì ì¸ 계íšì€ ì—�다고 명시ë˜ì–´ 있으ë‚�, ê²½ì˜ì§� ë°� ì´ì‚¬ë“¤ê³¼ 정기ì ì¸ ë…¼ì˜ëŠ� ì´ë£¨ì–´ì§€ê³� 있습니다.

주요 투ìžìž� 시사ì �: (1) ICONì€ ì‚¬ì‹¤ìƒ� ë‚´ë¶€ìž� 통제 í•˜ì— ìžˆì–´ 소수 주주ì� ì˜í–¥ë ¥ì´ 제한ë�; (2) 2025ë…� 7ì›� ì´í›„ 최대 768ë§� ì£� ì‹ ê·œ 발행 가능성으로 í¬ì„ 위험 존재; (3) 전환 ê°€ê²©ì´ VWAPì—� ì—°ë™ë˜ì–´ 극단ì � ê°€ê²� ë³€ë™ì„ 완화하지ë§�, 주가가 240달러 미만ì� 경우 보유ìžì—ê²� 유리í•�.

Présentation du dépôt Schedule 13D

Le 30/06/2025, Atlantis Holding Corp. et la Présidente-directrice générale d’Icon Energy Corp., Ismini Panagiotidi, ont déclaré une propriété bénéficiaire de 7 685 546 actions ordinaires d’Icon Energy (« ICON »), représentant 77,9 % de la classe en circulation.

La position comprend (i) 5 000 actions ordinaires détenues directement et (ii) 7 680 546 actions susceptibles d’être émises suite à la conversion de 17 249 actions préférentielles cumulatives perpétuelles de Série A. Les actions de Série A sont convertibles en totalité (pas partiellement) entre le 16 juillet 2025 et le 15 juillet 2032 au prix le plus bas entre 240 USD ou la moyenne pondérée en volume des 5 derniers jours avant notification.

Les actions préférentielles ont été émises dans le cadre d’un échange du 11 juin 2024 par lequel ICON a acquis Maui Shipping Co. ; 2 249 actions de Série A supplémentaires ont été émises en nature à titre de dividendes le 30 juin 2025. Atlantis est constituée aux Îles Marshall ; Mme Panagiotidi contrôle Atlantis ainsi que Pavimar Shipping, qui gère les navires exploités par ICON.

Le dépôt indique que la participation est détenue à des fins d’investissement et qu’il n’y a actuellement aucun plan définitif pour des transactions supplémentaires affectant le capital, la gouvernance ou les opérations d’ICON, bien que des discussions régulières aient lieu avec la direction et les administrateurs.

Points clés pour les investisseurs : (1) ICON est effectivement sous contrôle interne, limitant l’influence des minoritaires ; (2) jusqu’� 7,68 millions de nouvelles actions pourraient être émises après juillet 2025, créant un risque potentiel de dilution ; (3) la fixation du prix de conversion liée au VWAP peut atténuer les fluctuations extrêmes mais favorise le détenteur si les actions se négocient en dessous de 240 USD.

Überblick zur Schedule 13D-Meldung

Am 30.06.2025 haben Atlantis Holding Corp. und die Vorsitzende sowie CEO von Icon Energy Corp., Ismini Panagiotidi, den wirtschaftlichen Eigentum an 7.685.546 Stammaktien von Icon Energy („ICON�) offengelegt, was 77,9 % der ausstehenden Aktienklasse entspricht.

Die Position besteht aus (i) 5.000 direkt gehaltenen Stammaktien und (ii) 7.680.546 Aktien, die durch Umwandlung von 17.249 Series A kumulativen, wandelbaren, ewigen Vorzugsaktien ausgegeben werden können. Die Series A Aktien sind ganz (nicht teilweise) zwischen dem 16. Juli 2025 und dem 15. Juli 2032 wandelbar zum niedrigeren Wert von 240 US-Dollar oder dem 5-Tage VWAP unmittelbar vor der Mitteilung.

Die Vorzugsaktien wurden im Rahmen eines Tauschs am 11. Juni 2024 ausgegeben, bei dem ICON Maui Shipping Co. erwarb; weitere 2.249 Series A Aktien wurden am 30. Juni 2025 als Dividenden in Form von Sachleistungen ausgegeben. Atlantis ist auf den Marshallinseln registriert; Frau Panagiotidi kontrolliert Atlantis sowie Pavimar Shipping, das Schiffe betreibt, die von ICON eingesetzt werden.

Die Meldung gibt an, dass die Beteiligung zu Investitionszwecken gehalten wird und derzeit keine endgültigen Pläne für weitere Transaktionen vorliegen, die das Kapital, die Governance oder den Betrieb von ICON betreffen, obwohl regelmäßige Gespräche mit dem Management und den Direktoren stattfinden.

Wichtige Erkenntnisse für Investoren: (1) ICON ist faktisch insiderkontrolliert, was den Einfluss von Minderheitsaktionären einschränkt; (2) nach Juli 2025 könnten bis zu 7,68 Millionen neue Aktien ausgegeben werden, was ein potenzielles ³Õ±ð°ù·Éä²õ²õ±ð°ù³Ü²Ô²µ²õ°ù¾±²õ¾±°ì´Ç darstellt; (3) die Verknüpfung des Wandlungspreises mit dem VWAP kann extreme Preisschwankungen mildern, begünstigt aber den Inhaber, falls die Aktien unter 240 US-Dollar gehandelt werden.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 _____________________________________________________________________________

FORM 8-K
 _____________________________________________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 1, 2025
 ______________________________________________________________________________
DXC TECHNOLOGY COMPANY
(Exact name of registrant as specified in its charter)
 ______________________________________________________________________________
Nevada 001-38033 61-1800317
(State or Other Jurisdiction
of Incorporation)
 (Commission
File Number)
 (I.R.S. Employer
Identification No.)
 
20408 Bashan Drive, Suite 231
Ashburn, Virginia 20147
(Address of Principal Executive Offices and Zip Code)
Registrant’s telephone number, including area code: (703972-7000

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
_____________________________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))












Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par value per shareDXCThe New York Stock Exchange
1.750% Senior Notes Due 2026DXC 26The New York Stock Exchange


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Mr. Howard Boville, Executive Vice President, Consulting & Engineering Services departed the Company on July 1, 2025. In connection with his departure, and in exchange for execution of a separation agreement and release (and not revoking the separation agreement), Mr. Boville will receive a separation payment and benefits consistent with the terms previously disclosed in the Company’s 2025 proxy statement under the headings “Non-Change of Control Executive Officer Severance” and “Potential Payments Upon Non-Change of Control Termination of Employment”.



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 hereunto duly authorized.

DXC TECHNOLOGY COMPANY

Dated:July 8, 2025By:/s/ Matthew Fawcett
Name:Matthew Fawcett
Title:Executive Vice President, General Counsel and Secretary












        

FAQ

How much of ICON common stock does Atlantis Holding Corp. own?

Atlantis and CEO Ismini Panagiotidi beneficially own 7,685,546 shares, or 77.9 % of ICON’s outstanding common stock.

When can the Series A Preferred Shares be converted into ICON common stock?

All Series A shares are convertible in whole between 16 Jul 2025 and 15 Jul 2032.

What is the conversion price for ICON’s Series A Preferred Shares?

Each share converts at the lower of US $240 or the 5-day VWAP prior to conversion notice.

How did Atlantis Holding Corp. acquire its ICON stake?

The shares were received under an Exchange Agreement dated 11 Jun 2024 when ICON acquired Maui Shipping Co. and later via in-kind dividend payment.

Will the conversion of preferred shares dilute existing ICON shareholders?

Yes. Conversion would add up to 7.68 million new shares, materially diluting current holders.

Who is Ismini Panagiotidi in relation to ICON?

She is ICON’s Chairwoman & CEO and controls both Atlantis Holding Corp. and Pavimar Shipping.
Dxc Technology

NYSE:DXC

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2.90B
179.96M
1.09%
95.67%
4.2%
Information Technology Services
Services-computer Processing & Data Preparation
United States
ASHBURN