The Market Speaks

Last Friday, Seanergy Maritime Holdings successfully closed its follow-on offering raising $25 million from the public and an additional $5 million from insider, Victor Restis. When the process began with the filing of the initial registration statement on January 11, the shares were trading at $2.81 necessitating a sale of approximately 8.8 million shares.

Written by: carisk | Categories: Freshly Minted, The Week in Review | February 4th, 2010 | Add a Comment

Don’t Forget Follow-ons

We hear word that Maxim Group is the lead underwriter for a $30 million secondary offering for Seanergy Maritime Holdings. Victor Restis is expected to put in $5 million. The deal goes to market the week of the 24th.