Costamare Bulkers (CMDB) on Friday disclosed plans to sell up to $200 million of its common and preferred stock, debt and other securities from time to time.
The preliminary prospectus filed with the US Securities and Exchange Commission indicates the company would spend proceeds from any future offering to purchase additional ships, pay down existing debt and for working capital.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.