Seanergy Maritime Holdings is shooting for $15m through a public stock offering at the same time as landing fresh financing.

The Nasdaq-listed company revealed plans to sell shares to raise money as its stock was trading at slightly above $2 earlier today, down by 7%.

Under certain conditions, the total proceeds of the offering could rise to up to $25m.

Seanergy said it intends to use $5m of the net proceeds to repay a portion of a loan facility provided by its main sponsor, Claudia Restis.

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