Eagle Bulk Shipping Inc. Announces Transfer of Listing to the New York Stock Exchange
19 Décembre 2022 - 3:01PM
Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle”, or
the “Company”), one of the world’s largest owner-operators within
the midsize drybulk segment, today announced that it will transfer
the listing of its shares from the Nasdaq Global Select Market
(“Nasdaq”) to the New York Stock Exchange (“NYSE”). Eagle expects
to commence trading as a NYSE-listed company at market open on
January 4, 2023 under its existing ticker symbol, “EGLE”. The
Company’s shares will continue to trade on the Nasdaq until the
market close on January 3, 2023.
Eagle's CEO Gary Vogel commented, “We are truly excited to join
the New York Stock Exchange and have our shares trade alongside
some of the world’s most respected companies, including the
majority of our U.S.-listed peers within the maritime/shipping
space. We believe listing on the NYSE will further improve our
trading liquidity and overall standing within the financial
markets, enhancing value for our shareholders.”
“We’re thrilled to welcome Eagle Bulk to the NYSE, the world’s
premier listing venue for maritime companies,” said John Tuttle,
Vice Chair, NYSE Group.
About Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. (“Eagle” or the “Company”) is a
US-based fully integrated shipowner-operator providing global
transportation solutions to a diverse group of customers including
miners, producers, traders, and end users. Headquartered in
Stamford, Connecticut, with offices in Singapore and Copenhagen,
Eagle focuses exclusively on the versatile midsize drybulk vessel
segment and owns one of the largest fleets of Supramax / Ultramax
vessels in the world. The Company performs all management services
in-house (including: strategic, commercial, operational, technical,
and administrative) and employs an active management approach to
fleet trading with the objective of optimizing revenue performance
and maximizing earnings on a risk-managed basis. For further
information, please visit our website: www.eagleships.com.
Investor and Media
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Forward-Looking Statements
Matters discussed in this release may constitute forward-looking
statements that may be deemed to be “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements reflect current views with
respect to future events and financial performance and may include
statements concerning plans, objectives, goals, strategies, future
events or performance, and underlying assumptions and other
statements, which are other than statements of historical facts.
These statements may include words such as “believe,” “estimate,”
“project,” “intend,” “expect,” “plan,” “anticipate,” and similar
expressions in connection with any discussion of the timing or
nature of future operating or financial performance or other
events.
The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further
assumptions, including without limitation, examination of
historical operating trends, data contained in our records and
other data available from third parties. Although Eagle Bulk
Shipping Inc. believes that these assumptions were reasonable when
made, because these assumptions are inherently subject to
significant uncertainties and contingencies which are difficult or
impossible to predict and are beyond our control, Eagle Bulk
Shipping Inc. cannot assure you that it will achieve or accomplish
these expectations, beliefs or projections.
Risks and uncertainties are further described in reports filed
by Eagle Bulk Shipping Inc. with the Securities and Exchange
Commission.
Eagle Bulk Shipping (NASDAQ:EGLE)
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