Seanergy Maritime Holdings Corp.’s US$25 Million Public Offering

Watson Farley & Williams advised Seanergy Maritime Holdings Corp. on the deal.

In the offering, which priced on August 17, 2020, units consisting of one common share (or pre-funded warrant) and one Class E warrant were sold in an underwritten public offering registered with the Securities and Exchange Commission for gross proceeds of approximately US$25m, not including any exercise of the underwriters’ overallotment option.

Seanergy is the only pure-play Capesize ship-owner publicly listed in the US and provides marine dry bulk transportation services through a modern fleet of 11 Capesize vessels.

The WFW New York corporate team advising Seanergy on the transaction was led by Partner Will Vogel (Picture), supported by Partner Daniel Pilarski and Associate Danny Berger.

Involved fees earner: Daniel Berger – Watson Farley & Williams; Daniel Pilarski – Watson Farley & Williams; Will Vogel – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: Seanergy Maritime Holdings Corp;

Author: Ambrogio Visconti