Globus Maritime Holdings has offered $12m-worth of stock to certain institutional stakeholders.
The Athanasios Feidakis-led owner of six bulkers has agreed to sell about 1.41m common shares at $8.50 each or up to 1.27m pre-funded warrants at $8.49 each in a registered direct offering.
The warrants will have an exercise price of $8.50 per share, are exercisable immediately and will expire five-and-a-half years after the issue date.
