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Okeanis Eco Tankers Corp. – Files Two Registration Statements on Form F-3
ECOOkeanis Eco Tankers(ECO) GlobeNewswire News Room·2025-05-07 20:50

Core Viewpoint - Okeanis Eco Tankers Corp. has filed a shelf registration statement with the SEC to raise up to 500millionforvariouscorporatepurposes,includingacquisitionsanddebtreduction[1][2].Group1:ShelfRegistrationStatementTheshelfregistrationstatementallowsthecompanytoraisecapitalmoreefficientlyinthefuture[1].Thecompanyhasfiledforupto500 million for various corporate purposes, including acquisitions and debt reduction [1][2]. Group 1: Shelf Registration Statement - The shelf registration statement allows the company to raise capital more efficiently in the future [1]. - The company has filed for up to 500 million in capital, which can be used for acquisitions, strategic initiatives, reducing outstanding debt, or other general corporate purposes [1]. - A separate resale registration statement has been filed for the resale of up to 18,102,286 common shares held by affiliates, which are currently not freely tradable in the U.S. [1]. Group 2: Current Intentions - The company has no current intention to utilize the shelf registration statement [2]. - There is no indication that the company's affiliates plan to sell any shares registered under the resale registration statement [2]. Group 3: Company Overview - Okeanis Eco Tankers Corp. is a leading international tanker company focused on seaborne transportation of crude oil and refined products [3]. - The company was incorporated on April 30, 2018, and is listed on both the Oslo Stock Exchange and the New York Stock Exchange [3]. - The fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers [3].