Seanergy Maritime (SHIP)’s direct offering of $6.1 million or 50,750,000 shares between the unaffiliated institutional investor is expected to close on or about today, April 22, 2020.
The company entered into the placement agency agreement with Maxim Group LLC for the sale of company’s securities, the company also agreed to set purchase warrants and private placements for registered direct offering of 50,750,000 common shares at a public offering price of $0.18 per share resulting in a total of $6,100,000.
The offering is expected to close today. While shares are offered pursuant to a shelf registration statement, it has been declared effective by the United States Securities and Exchange Commission (SEC).
