Greece's Seanergy Maritime has sold $4.9m worth of shares to an unnamed institutional investor in a direct offering.
The deal will plunk $4.5m in net proceeds into the Restis family-backed bulker owner's coffers, Seanergy said Friday.
US investment bank Maxim Group ran the offering, which saw Stamatis Tsantanis-led Seanergy sell 1.18 million shares at $4.15 apiece.
The company plans to use the cash for "general corporate purposes".
Seanergy's