Seanergy Maritime Holdings Corp. Regains Compliance With Nasdaq Minimum Bid Price Requirement
14 Julio 2011 - 3:05PM
Marketwired
Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIPD)
(NASDAQ: SHIPW) announced today that The Nasdaq Stock Market
("Nasdaq") has confirmed that the Company has regained compliance
with Nasdaq Listing Rule 5450(a)(1) concerning the minimum bid
price of the Company's common stock.
About Seanergy Maritime Holdings Corp.
Seanergy Maritime Holdings Corp. is a Marshall Islands
corporation with its executive offices in Athens, Greece. The
Company is engaged in the transportation of dry bulk cargoes
through the ownership and operation of dry bulk carriers.
The Company's current fleet consists of 20 drybulk carriers
(four Capesize, three Panamax, two Supramax, one Handymax and ten
Handysize vessels) with a total carrying capacity of approximately
1,293,693 dwt and an average fleet age of 13.5 years.
The Company's common stock and warrants trade on the NASDAQ
Global Market under the symbols "SHIPD" and "SHIP.W",
respectively.
Forward-Looking Statements
This press release contains forward-looking statements (as
defined in Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended)
concerning future events and the Company's growth strategy and
measures to implement such strategy. Words such as "expects,"
"intends," "plans," "believes," "anticipates," "hopes,"
"estimates," and variations of such words and similar expressions
are intended to identify forward-looking statements. Although the
Company believes that such expectations will prove to have been
correct, these statements involve known and unknown risks and are
based upon a number of assumptions and estimates, which are
inherently subject to significant uncertainties and contingencies,
many of which are beyond the control of the Company. Actual results
may differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual results
to differ materially include, but are not limited to, the scope and
timing of Securities and Exchange Commission ("SEC") and other
regulatory agency review, competitive factors in the market in
which the Company operates; risks associated with operations
outside the United States; and other factors listed from time to
time in the Company's filings with the SEC. The Company's filings
can be obtained free of charge on the SEC's website at www.sec.gov.
The Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
For further information please contact: Seanergy
Maritime Holdings Corp. Dale Ploughman Chairman & Chief
Executive Officer Christina Anagnostara Chief Financial Officer
Tel: +30 210 9638461 E-mail: ir@seanergymaritime.com Investor
Relations / Media Capital Link, Inc. Paul Lampoutis 230 Park
Avenue Suite 1536 New York, NY 10169 Tel: (212) 661-7566 E-mail:
seanergy@capitallink.com
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