Heidmar Maritime Holdings Corp. Enters $20 Million Common Share Purchase Agreement with B. Riley Principal Capital II

Reuters
06-09
Heidmar Maritime Holdings Corp. Enters $20 Million Common Share Purchase Agreement with B. Riley Principal Capital II

Heidmar Maritime Holdings Corp. has announced a Common Share Purchase Agreement with B. Riley Principal Capital II, LLC. This agreement, effective from June 6, 2025, allows Heidmar to sell up to $20 million worth of its common shares to B. Riley, providing the company with a flexible option to raise capital. The funds raised from these share sales are intended to support Heidmar's growth initiatives, including vessel acquisitions, as well as for working capital and general corporate purposes. The agreement will remain in effect until either the total purchase amount is met or any predefined termination conditions occur.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heidmar Maritime Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-083433), on June 09, 2025, and is solely responsible for the information contained therein.

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