Greek shipowner Euroseas says it has received regulatory approval for the spin-off and listing of its dry bulk assets into a separate company.
It said its registration statement on Form F-1 of EuroDry Ltd had been declared effective by the US Securities and Exchange Commission (SEC).
It also confirmed that its application for the listing of EuroDry on the NASDAQ Capital Market under the symbol ‘EDRY’ had been approved.
“We are extremely excited with the spin-off and separate listing of our dry bulk fleet into a separate publicly listed company” said Euroseas chief executive Aristides Pittas.
