DryShips sold approximately nine million common shares to Kalani Investments last week at a weighted average price of $0.89 per share, the George Economou-backed company said in a regulatory filing.
DryShips raised $8m through the transactions. The Athens-based diversified shipowner said it has raised a total of $150m from Kalani Investments, as part of a fundraising announced in January. The company said there is $75m remaining on the share sale to Kalani.
