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Star Bulk Carriers Corp. Announcement Admission to Parallel Listing on Euronext Athens and Equity Offering in Greece of up to €112.2 Million

  • Star Bulk Carriers Corp. announced admission of common shares to parallel listing on Euronext Athens & an offering of up to 4,400,000 new shares.
  • Regulatory approvals in Greece for the admission & offering have been received.
  • New shares will trade under the ticker "SBLK" & are expected to be admitted to Nasdaq trading on the same basis as existing shares.
  • The offering is restricted to non-U.S. persons in offshore transactions under Regulation S.
  • The indicative timetable includes an offering price range announcement on September 8, 2026, with trading on Euronext Athens commencing on September 16, 2026.
  • Net proceeds are expected to amount to approximately €104.9 million after deducting estimated expenses of €7.3 million.
  • CEO Petros Pappas informed the Board of a family investment interest in the offering of up to €6.0 million.
  • The company cancelled 313,894 treasury shares previously repurchased on NASDAQ during the second quarter of 2026.
  • The announcement includes forward-looking statements subject to risks such as market conditions & technical impediments.