Hunter Maritime Acquisition, a blank check company formed by Belgium's Saverys family to acquire a drybulk shipping company, raised $150 million by offering 15 million shares at $10, as expected. Hunter Maritime Acquisition plans to list on the Nasdaq under the...read more
Tankships Investment Holdings, which was carved out of DryShips to own 10 crude oil tankers, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. Belgian oil tanker operator Euronav (EURN) is on the ...read more
Ocean Rig Partners LP, an MLP formed by Ocean Rig to own three deepwater rigs near Angola, filed on Tuesday with the SEC to raise up to $305 million in an initial public offering. Ocean Rig Partners will use IPO proceeds to purchase its vessels from Ocean Rig...read more
DryShips, a Greek drybulk shipping company that operates one Capesize carrier and five Panamax vessels, priced 13 million shares at $18, the high end of its proposed range. The company had originally planned to offer just 7.1 million shares, but increased the...read more
Ship SPAC Hunter Maritime Acquisition prices $150 million IPO at $10
Hunter Maritime Acquisition, a blank check company formed by Belgium's Saverys family to acquire a drybulk shipping company, raised $150 million by offering 15 million shares at $10, as expected. Hunter Maritime Acquisition plans to list on the Nasdaq under the...read more
Oil is on the move: Tankships Investment files for a $100 million IPO
Tankships Investment Holdings, which was carved out of DryShips to own 10 crude oil tankers, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. Belgian oil tanker operator Euronav (EURN) is on the ...read more
A rigged IPO market: Ocean Rig Partners LP files for a $305 million IPO
Ocean Rig Partners LP, an MLP formed by Ocean Rig to own three deepwater rigs near Angola, filed on Tuesday with the SEC to raise up to $305 million in an initial public offering. Ocean Rig Partners will use IPO proceeds to purchase its vessels from Ocean Rig...read more
DryShips prices at $18 per share
DryShips, a Greek drybulk shipping company that operates one Capesize carrier and five Panamax vessels, priced 13 million shares at $18, the high end of its proposed range. The company had originally planned to offer just 7.1 million shares, but increased the...read more