Safe Bulkers might issue some more shares at some point, having lined up millions of dollars worth for that very purpose.
The Polys Hajioannou-led bulker owner has earmarked $200m worth of common stock, preferred stock, warrants, subscription rights and debt securities for future offering through a shelf registration.
"The securities covered by this prospectus may be offered and sold from time to time in one or more offerings, which may be through one or more underwriters, dealers and agents, or directly to the purchasers", the New York-listed company wrote in a document filed with the Securities and Exchange Commission.
