Whether one thinks the equity deals being run by US investment bank the Maxim Group are a good thing or a bad thing for shipping, one reality appears clear: they’re not going away any time soon.
That comes straight from the mouth of the Maxim maestro, co-head of investment banking Lawrence Glassberg, so buckle up for several months of warrant sales, shareholder dilution and spinouts of new public companies from existing ones that are mostly smallish and Greece-based.