Ardmore shipping completes annual review of securities filings

Hamilton, bermuda, aug. 20, 2021 /prnewswire/ -- ardmore shipping corporation (nyse: asc) ("ardmore" or the "company") today announced that the company has completed its annual review of its securities filings. as a part of this process, the company has filed with the securities and exchange commission ("sec") a shelf registration statement on form f-3 (the "registration statement") registering $400 million of primary securities, as well as the shares issued to element 1 corp. as part of the recent investment by ardmore, and a prospectus supplement for an at-the-market ("atm") program and has entered into an open market sale agreement pursuant to which the company may offer and sell common shares of up to an aggregate sales amount of $50 million, which will replace the company's existing shelf registration statement filed in august 2018 (file number: 333-227129) and the company's existing atm program, respectively, which expire on october 5, 2021.
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