United Maritime Corp, a spin-off by US-listed capesize bulker owner Seanergy Maritime, has announced plans to raise $26m through a new public offering.

The company, which trades on the Nasdaq stock exchange, intends to issue 8m units at a price of $3.25 per unit. Each unit will consist of one common share, or pre-funded warrant in lieu thereof, and one Class A warrant to purchase one common share at an exercise price of $3.25