Seanergy Maritime (SHIP) Prices $5.2M Share Registered Direct Offering

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Go back to Seanergy Maritime (SHIP) Prices $5.2M Share Registered Direct Offering

Seanergy Maritime Holdings Corp. Announces Pricing of Additional $5.2 Million Offering

May 5, 2020 9:00 AM EDT

ATHENS, Greece, May 05, 2020 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the Company) (NASDAQ: SHIP) announced today that due to institutional interest, it has entered into a securities purchase agreement with certain unaffiliated institutional investors to purchase approximately $5.2 million of its common shares (the Common Shares) in a registered direct offering and warrants to purchase Common Shares in a concurrent private placement. 

Under the terms of the securities purchase agreement, the Company has agreed to sell 43,350,000 Common Shares. In a concurrent private placement, the Company has agreed to issue warrants to... More