Globus Maritime (GLBS) Prices $12.4M Registered Direct Offering

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Globus Maritime Limited Announces Pricing of $12.4 Million Registered Direct Offering

June 26, 2020 9:20 AM EDT

GLYFADA, Greece, June 26, 2020 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the Company) (NASDAQ: GLBS) announced today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue approximately $12.4 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 45,850,000 Common Shares. In a concurrent private placement, the Company has agreed to issue warrants to purchase up to 45,850,000 Common... More