Costamare Inc. Announces Public Offering of Common Stock
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Costamare (CMRE) Prices Larger 12M Share Stock Offering for Proceeds of ~$72M
November 30, 2016 6:04 AM ESTCostamare Inc. (NYSE: CMRE) announced that its offering of 12,000,000 shares of its common stock, upsized from 11,000,000 shares of its common stock, was priced at $6.00 per share. The gross proceeds from the offering before the underwriting discount and other offering expenses are expected to be approximately $72 million. Members of the Konstantakopoulos family, who in the aggregate own a majority of the common stock of the Company, have agreed to purchase approximately $10 million of shares in the... More
