Bulker owner Seanergy Maritime Holdings is targeting a bigger cash pot from a secondary offering.

The Nasdaq-listed company is now selling 12m shares, against 6m previously.

This would raise $12.72m at the closing price of $1.06 on Friday.

It did not reveal how the proceeds would be spent.

Seaport Global Securities has been added as a bookrunner, together with Maxim Group.