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DryShips (DRYS) To Offer Another $475M In Shares

May 8, 2009 9:05 AM EDT
DRYS Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

EPS Growth %: -72.0%

According to a filing with the SEC, DryShips, Inc. (Nasdaq: DRYS) entered into an ATM Equity with Merrill Lynch for the offer and sale of up to $475 million in common shares.

The company previously entered into an ATM Equity Offering, dated 1/28/09, with Merrill Lynch for the offer and sale of up to $500 million in shares.


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