0001048462-25-000008.txt : 20250507 0001048462-25-000008.hdr.sgml : 20250507 20250507164301 ACCESSION NUMBER: 0001048462-25-000008 CONFORMED SUBMISSION TYPE: SCHEDULE 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250507 DATE AS OF CHANGE: 20250507 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Imperial Petroleum Inc./Marshall Islands CENTRAL INDEX KEY: 0001876581 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] ORGANIZATION NAME: 01 Energy & Transportation EIN: 000000000 STATE OF INCORPORATION: 1T FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-93119 FILM NUMBER: 25922148 BUSINESS ADDRESS: STREET 1: 331 KIFISSIAS AVENUE STREET 2: ERITHREA CITY: ATHENS STATE: J3 ZIP: 14561 BUSINESS PHONE: 011 30 210 625 2849 MAIL ADDRESS: STREET 1: 331 KIFISSIAS AVENUE STREET 2: ERITHREA CITY: ATHENS STATE: J3 ZIP: 14561 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEXFORD CAPITAL LP CENTRAL INDEX KEY: 0001048462 ORGANIZATION NAME: EIN: 061442624 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G BUSINESS ADDRESS: STREET 1: 777 SOUTH FLAGLER DRIVE STREET 2: SUITE 602 EAST CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 2038627000 MAIL ADDRESS: STREET 1: 777 WEST PUTNAM AVENUE STREET 2: 1ST FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 FORMER COMPANY: FORMER CONFORMED NAME: WEXFORD CAPITAL LLC DATE OF NAME CHANGE: 20000817 FORMER COMPANY: FORMER CONFORMED NAME: WEXFORD MANAGEMENT LLC DATE OF NAME CHANGE: 19971024 SCHEDULE 13G 1 primary_doc.xml SCHEDULE 13G 0001048462 XXXXXXXX LIVE Common Stock, par value $0.01 per share 03/31/2025 0001876581 Imperial Petroleum Inc. Y3894J187 331 Kifissias Avenue Erithrea Athens J3 14561 Rule 13d-1(c) WEXFORD CAPITAL LP DE 0 1799652 0 1799652 1799652 N 5.93 PN Wexford GP LLC DE 0 1799652 0 1799652 1799652 N 5.93 OO Charles Davidson X1 0 1799652 0 1799652 1799652 N 5.93 IN Joseph Jacobs X1 0 1799652 0 1799652 1799652 N 5.93 IN Imperial Petroleum Inc. 331 Kifissias Avenue, Erithrea, Athens, Greece, 14561 Wexford Capital LP, Wexford GP LLC, Charles E. Davidson and Joseph M. Jacobs (collectively, the "Reporting Persons") are hereby jointly filing this Schedule 13G because such Reporting Persons may be deemed to beneficially own the same securities directly acquired from the Issuer named in Item 1 by certain Wexford Funds (as defined below) due to certain affiliations among the Reporting Persons. In accordance with Rule 13d-1(k)(1)(iii) promulgated pursuant to the Securities Exchange Act of 1934, as amended, the Reporting Persons have executed a written agreement relating to the joint filing of this Schedule 13G (the "Joint Filing Agreement"), a copy of which is annexed hereto as Exhibit 99.1. The address of the principal business office of the Reporting Persons is c/o Wexford Capital LP, 777 South Flagler Drive, Suite 602 East, West Palm Beach, FL 33401. Each of Wexford Capital LP and Wexford GP LLC are formed in Delaware. Each of Charles E. Davidson and Joseph M. Jacobs are United States citizens. Y The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Wexford Capital LP ("Wexford Capital") may, by reason of its status as (i) sub-advisor of each of Wexford Spectrum Trading Limited ("WST") and Wexford Catalyst Trading Limited ("WCT") and (ii) investment manager of Wexford Focused Trading Limited ("WFT", and together with WST and WCT, the "Wexford Funds"), be deemed to own beneficially the securities held by the Wexford Funds. Wexford GP LLC ("Wexford GP") may, as the General Partner of Wexford Capital, be deemed to own beneficially the securities held by the Wexford Funds. Each of Charles E. Davidson ("Davidson") and Joseph M. Jacobs ("Jacobs") may, by reason of his status as a controlling person of Wexford GP, be deemed to own beneficially the securities held by the Wexford Funds. Each of Wexford Capital, Wexford GP, Davidson and Jacobs share the power to vote and to dispose of the securities beneficially owned by the Wexford Funds. Each of Wexford Capital, Wexford GP, Davidson and Jacobs disclaim beneficial ownership of the securities held by the Wexford Funds and this report shall not be deemed as an admission that they are the beneficial owners of such securities except, in the case of Davidson and Jacobs, to the extent of their respective pecuniary interests therein. The information required by Item 4(b) is set forth in Row 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information in Row 11 is calculated on the basis of 30,331,661 shares of Common Stock issued and outstanding as of June 30, 2024, as reported by the Issuer in the Prospectus Supplement No. 5 filed by the Issuer with the Securities and Exchange Commission on September 30, 2024. As of the date of event that required the filing of this Schedule 13G, the Reporting Persons may have been deemed to beneficially own more than 5% of the outstanding shares of Common Stock. The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Y N The Wexford Funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock reported herein. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. WEXFORD CAPITAL LP /s/ Daniel J. Weiner By: Wexford GP LLC, its General Partner, By: Daniel J. Weiner, Vice President and Assistant Secretary 05/07/2025 Wexford GP LLC /s/ Daniel J. Weiner Wexford GP LLC, By: Daniel J. Weiner, Vice President and Assistant Secretary 05/07/2025 Charles Davidson /s/ Charles E. Davidson Charles E. Davidson 05/07/2025 Joseph Jacobs /s/ Joseph M. Jacobs Joseph M. Jacobs 05/07/2025 EX-99.1 2 ex99_1.htm JOINT FILING AGREEMENT
EXHIBIT 99.1
JOINT FILING AGREEMENT

Pursuant to Rule 13d-1(k)(1)(iii) of the Securities Exchange Act of 1934, each of the undersigned agrees that a single joint Schedule 13G and any amendments thereto may be filed on behalf of each of the undersigned with respect to the securities held by each of them in Imperial Petroleum Inc.
 
DATED: May 7, 2025
       
       
 
WEXFORD CAPITAL LP
  
 
By:
Wexford GP LLC, its General Partner
  
       
 
By:
/s/ Daniel J. Weiner
  
 
Name:  
Daniel J. Weiner
  
 
Title: 
Vice President and Assistant Secretary
  
       
 
WEXFORD GP LLC
  
       
 
By:
/s/ Daniel J. Weiner
  
 
Name:  
Daniel J. Weiner
  
 
Title: 
Vice President and Assistant Secretary
  
       
       
 
/s/ Joseph M. Jacobs
  
 
 JOSEPH M. JACOBS
  
       
       
 
/s/ Charles E. Davidson
  
 
 CHARLES E. DAVIDSON