0000000000-22-009127.txt : 20221020 0000000000-22-009127.hdr.sgml : 20221020 20220824103003 ACCESSION NUMBER: 0000000000-22-009127 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220824 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Pangaea Logistics Solutions Ltd. CENTRAL INDEX KEY: 0001606909 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 109 LONG WHARF CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 401-457-9552 MAIL ADDRESS: STREET 1: 109 LONG WHARF CITY: NEWPORT STATE: RI ZIP: 02840 FORMER COMPANY: FORMER CONFORMED NAME: Quartet Holdco Ltd. DATE OF NAME CHANGE: 20140430 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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filename2.txt United States securities and exchange commission logo August 24, 2022 Gianni Del Signore Chief Financial Officer Pangaea Logistics Solutions Ltd. c/o Phoenix Bulk Carriers (US) LLC 109 Long Wharf Newport, RI 02840 Re: Pangaea Logistics Solutions Ltd. Form 10-K for Fiscal Year Ended December 31, 2021 Filed March 16, 2022 File No. 001-36798 Dear Mr. Del Signore: We have limited our review of your filing to the financial statements and related disclosures and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Form 10-K for Fiscal Year Ended December 31, 2021 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations, page 48 1. Please discuss and analyze your financial condition and changes in your financial condition, and to the extent applicable, the impact of inflation. Refer to Item 303(b) of Regulation S-K. Gianni Del Signore FirstName LastNameGianni Del Signore Pangaea Logistics Solutions Ltd. Comapany August 24, NamePangaea 2022 Logistics Solutions Ltd. August Page 2 24, 2022 Page 2 FirstName LastName In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Yong Kim, Staff Accountant, at 202-551-3323 or Gus Rodriguez, Accounting Branch Chief, at 202-551-3752 with any questions. Sincerely, Division of Corporation Finance Office of Energy & Transportation