The back-door Nasdaq stock-listing is meant to finance big plans in high-ice-class shipping plus a further build-up of the contract book of the industrial-oriented handy and panamax owner, as well as paying the present shareholders.
The offer comes from Eric S Rosenfeld’s Quartet Merger Corp, which had no previous shipping connection.
The blank cheque or special-purpose acquisition company (spac) went public last October.
