Globus Maritime Limited (the Company) (NASDAQ: GLBS) announced today the pricing of an underwritten public offering of 34,285,714 units at a … Forward-looking statements provide the Company’s current expectations or forecasts of future events. (To watch Furlong’s track record, click here)In general, other analysts are on the same page. The move involves $75 million in restructuring costs, some 70 redundancies and the closure of its Bawal plant, walking away from a market worth about 17 million bike and scooter sales a year. Portfolio results are unaudited and based on varying investment expiration dates. The Common Shares being sold pursuant to the registered direct offering are being sold pursuant to a shelf registration statement on Form F-3 (File No. Click Here to get the full Stock Score Report on Globus Maritime Ltd (GLBS) Stock. With 3 Buy ratings and 1 Hold, the word on the Street is that TCMD is a Strong Buy. Globus Maritime Ltd (GLBS) stock has risen 3.4% while the S&P 500 is higher by 0.59% as of 11:00 AM on Friday, Jun 19. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. It is very important to do your own analysis before making any investment. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of these securities under the securities laws of any such state or jurisdiction.

This communication contains “forward-looking statements” as defined under U.S. federal securities laws. Expect a 1 to 2-week decline into the next 6-month low. Globus’ subsidiaries own and operate seven vessels with a total carrying capacity of 300,571 Dwt and a weighted average age of 12.3 years as of June 30, 2020. The departure is also the latest setback for Prime Minister Narendra Modi's strategy to encourage domestic manufacturing that would keep more of the fruits of a gigantic home consumer market in India. The registered direct offering and concurrent private placement are expected to close on or about July 21, 2020, subject to the satisfaction of customary closing conditions. Each unit consists of one common share (or pre-funded warrant in lieu thereof) and one Class A warrant to purchase one common share, and will immediately separate upon issuance. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. U.S.-listed shares of BlackBerry, which sells security software to companies and governments as well as infotainment software to carmakers, rose 6% in early morning trade. Thank you for your feedback. The stock's trading volume about an hour ahead of Thursday's open was 2.5 million shares; on Wednesday, volume was 348.3 million shares.

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. © 2020 GlobeNewswire, Inc. All Rights Reserved. The Company was incorporated on July 26, 2006 in Jersey to consolidate our founders' ship-owning and ship-management interests … That said they should rebound to the direct offering price or somewhere between where it was and where the offering took place. Note: Seeking A url's and Reddit do not get along. GLBS stock is reacting to the company’s announcement yesterday the pricing of an underwritten public offering of 34 million shares at $0.35 per unit. Upcoming Earnings: Pfizer is in many ways the poster child for large stocks with scale, stable income and staying power.