Star Bulk Carriers Corp. Announcement Admission to Parallel Listing on Euronext Athens and Equity Offering in Greece of up to €112.2 Million
Star Bulk Carriers is undertaking an offering of up to 4,400,000 new shares in Greece, worth up to €112.2 million gross at the maximum price of €25.50 ($29.52) per share, with expected net proceeds of approximately €104.9 million. The final price will be set September 11, with settlement September 15. The company has received Greek regulatory approval for a parallel listing of all its common shares on the Main Market of Euronext Athens, with trading expected to begin September 16, 2026 under the same SBLK ticker. Nasdaq remains the primary listing, and the New Shares are also expected to trade on Nasdaq on the same basis, though the offering itself excludes U.S.
Key figures
- Offering Price
- €25.50 ($29.52) maximum offering price; final price due September 11, 2026
- Shares Offered
- 4400000
- Eur Usd Rate
- 1.1578
- Gross Proceeds Max
- €112.2 million
- Ceo Family Investment
- up to €6.0 million
- Net Proceeds Expected
- €104.9 million
- Parallel Listing Venue
- Euronext Athens Main Market; trading expected to commence September 16, 2026
- Treasury Shares Cancelled
- 313894
- Offering And Admission Expenses
- €7.3 million
AI analysis
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