Eagle Bulk Shipping (EGLE) Announces Effectiveness of Previously Announced Reverse Stock Split

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Eagle Bulk Shipping Inc. Announces Effectiveness of Previously Announced Reverse Stock Split

September 15, 2020 9:00 AM UTC

STAMFORD, Conn., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (Eagle Bulk, Eagle or the Company), one of the worlds largest owner-operators within the Supramax / Ultramax drybulk segment, today announced the effectiveness, as of 9:00 a.m. Eastern time, of the previously announced 1-for-7 reverse stock split of the Companys issued common stock.

Additional information about the reverse stock split can be found in the Companys Form 8-K that was filed with the Securities and Exchange Commission on September 14, 2020, a copy of which is available at... More