Scorpio Bulkers (SALT) Prices 4.1M Share Upsized Common Offering at $18.46/Sh
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Scorpio Bulkers Inc. Announces Pricing and Upsizing of Public Offering of Common Shares
June 9, 2020 11:38 PM EDTMONACO, June 09, 2020 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the Company) announced today that it has upsized and priced its previously announced underwritten public offering (the Offering) of shares of common stock, par value $0.01 per share (the Common Shares). The Company has agreed to sell 4,100,000 Common Shares at $18.46 per share. Scorpio Services Holding Limited, a related party to the Company, has agreed to purchase an aggregate of 950,000 Common Shares at the public offering price. The Offering is expected to close on June 12, 2020. Â
The net proceeds of the Offering are... More
