Business
Seanergy Maritime Holdings Corp. Announces the Results of the 2019 Annual General Meeting
ATHENS, Greece, Oct. 18, 2019 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP) announced today the results of
About this update from Seanergy Maritime Holdings Corp.
[{"type":"text","content":"ATHENS, Greece, Oct. 18, 2019 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP) announced today the results of the Annual Meeting of Shareholders held on Wednesday, October 17, 2019 at 6:00 p.m. local time at the Company's executive offices in Glyfada, Greece.\n At the meeting the following proposals were approved and adopted: 1) the election of Mr. Stamatios Tsantanis and Mr. Elias Culucundis, as Class A Directors to serve until the 2022 Annual Meeting of Shareholders, 2) the appointment of Ernst & Young (Hellas) Certified Auditors-Accountants S.A. as the Company's independent auditors for the fiscal year ending December 31, 2019, and 3) the approval of a reverse stock split of the Company’s issued and outstanding common stock at a ratio of not less than 1‑for‑2 and not more than 1‑for‑20, at the discretion of the Company's board of directors. The Company has no immediate plan to enact a reverse split. A reverse stock split will be considered by the Company’s board of directors if deemed necessary in order to regain compliance with the Nasdaq Capital Market minimum bid price requirement. About Seanergy Maritime Holdings Corp. Seanergy is the only pure-play Capesize ship-owner publicly listed in the U.S. Seanergy provides marine dry bulk transportation services through a modern fleet of 10 Capesize vessels, with a cargo-carrying capacity of approximately 1,748,581 dwt and an average fleet age of approximately 10.6 years. The Company is incorporated in the Republic of the Marshall Islands and has executive offices in Athens, Greece and an office in Hong Kong. The Company's common shares trade on the Nasdaq Capital Market under the symbol \"SHIP\", its Class A warrants under \"SHIPW\" and its Class B warrants under “SHIPZ”. Please visit our company website at: www.seanergymaritime.com. Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events. Words such as \"may\", \"should\", \"expects\", \"intends\", \"plans\", \"believes\", \"anticipates\", \"hopes\", \"estimates\" and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve kn...