Scorpio Bulkers (SALT) to Offer Common Stock
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Scorpio Bulkers Inc. Announces Public Offering of Common Shares
June 9, 2020 4:05 PM EDTMONACO, June 09, 2020 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (the Company) announced today that it intends to offer, issue and sell to the public $60.0 million of shares of its common stock, par value $0.01 per share (the Common Shares), through an underwritten public offering (the Offering). The net proceeds of the Offering are expected to be used for general corporate purposes. As part of the Offering, Scorpio Services Holding Limited, a related party to the Company, has expressed an interest to purchase Common Shares at the public offering price with a value of at least $15.0... More
