Eagle bulk shipping inc. announces secondary public offering of common stock

Stamford, conn., june 29, 2021 (globe newswire) -- eagle bulk shipping inc. (nasdaq: egle) (“eagle bulk” or the “company”), one of the world's largest owner-operators within the supramax / ultramax drybulk segment, today announced that certain funds and separate accounts managed by goldentree asset management lp (collectively, the “selling shareholders”) intend to offer an aggregate of 1,500,000 shares of the company's common stock in an underwritten secondary public offering. in connection with this offering, the selling shareholders expect to grant the underwriter a 30-day option to purchase up to 225,000 additional shares of the company's common stock.
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