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Globus Maritime Limited Announces Closing of $15.0 Million Registered Direct Offering

GLYFADA, Greece, July 27, 2020 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or Globus”) (NASDAQ: GLBS) announced that on July 21, 2020 it closed

articleGlobus Maritime LimitedJuly 27, 20204/company/globus-maritime-ltd/news/globus-maritime-limited-announces-closing-of-dollar150-million-registered-direct-offering
Globus Maritime Limited Announces Closing of $15.0 Million Registered Direct Offering

About this update from Globus Maritime Limited

[{"type":"text","content":"GLYFADA, Greece, July 27, 2020 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or Globus”) (NASDAQ: GLBS) announced that on July 21, 2020 it closed the previously announced registered direct offering and concurrent private placement of warrants. The gross proceeds to the Company from the registered direct offering and concurrent private placement were approximately $15.0 million before deducting the placement agent’s fees and other estimated offering expenses.\n The common shares sold pursuant to the registered direct offering were sold pursuant to a shelf registration statement on Form F-3 (File No. 333-222580), previously filed with the Securities and Exchange Commission (the “SEC”) on January 17, 2018 and declared effective on February 8, 2018. Such securities were offered only by means of a prospectus. A prospectus supplement and the accompanying prospectus relating to and describing the terms of the registered direct offering were filed with the SEC. The warrants sold in the concurrent private placement, along with the common shares underlying such warrants, have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and were offered pursuant to an exemption from the registration requirements of Section 5 of the Securities Act contained in Section 4(a)(2) thereof and/or Regulation D promulgated thereunder. Copies of the prospectus supplement and the accompanying prospectus relating to the registered direct offering may be obtained at the SEC’s website at www.sec.gov or by contacting Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, at 212-895-3745. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About Globus Maritime Limited Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of five dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate seven vessel...

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