Recent Updates — SBLK
Star Bulk Carriers Corp. renewed its existing At-The-Market (ATM) equity offering programs following the expiration of the prior shelf registration statement. The renewal does not expand the size of the programs but maintains unused capacity from the previous terms. Star Bulk entered into a Second Amended and Restated ATM Sales Agreement with Deutsche Bank Securities Inc. for up to $41,371,110 in common shares and a separate agreement with Jefferies LLC for up to $75,000,000 in common shares. The company stated the renewal is solely due to passage of time and reflects no change in policy or strategy. Star Bulk Carriers Corp. operates as a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.
Star Bulk Carriers Corp. completed the allocation of 4,400,000 new common shares in a public offering on Euronext Athens at an offering price of €24.50 per share. The transaction raised total gross proceeds of €107.8 million (US$124.4 million), with net proceeds after expenses totaling €100.4 million (US$115.9 million). Demand was oversubscribed by over six times, reaching 26,788,512 shares. Net proceeds will fund the remaining balance of a €94.9 million investment plan for three vessels under construction and finance new vessel acquisitions. Trading of all common shares commenced on Euronext Athens on September 16, 2026, under ticker symbol SBLK. The company operates in the global dry bulk shipping industry.
Star Bulk Carriers Corp. announced the completion of a public equity offering in Greece on September 11, 2026, resulting in the issuance of 4,400,000 new common shares. The final offering price was set at €24.50 (US$ 28.40) per share, generating total proceeds of approximately €656.3 million. Investor demand totaled 26,788,512 shares, oversubscribing the offering by more than six times. The new shares were allocated to Qualified and Retail investors participating in both the Public Offering and a Parallel Offering. Star Bulk Carriers Corp. operates in the dry bulk shipping industry, owning and operating a fleet of vessels for transporting raw materials.
Star Bulk Carriers Corp. announced the offering price range for a private placement of up to 4,400,000 new common shares in Greece on September 8, 2026. The shares are priced between €23.00 and €25.50 per share, equivalent to $26.75–$29.66 USD based on the EUR/USD exchange rate of €1 = $1.1631 as of September 7, 2026. The final price will be determined upon completion and published according to regulatory requirements. This offering targets non-U.S. persons in offshore transactions under Regulation S. Star Bulk Carriers Corp. operates in the international maritime shipping industry, specializing in the transportation of dry bulk commodities.