Okeanis Eco Tankers Corp. – Files Two Registration Statements on Form F-3
Okeanis Eco Tankers Corp. (NYSE:ECO) has filed two registration statements on Form F-3 with the SEC on May 7, 2025. The first is a shelf registration statement allowing the company to raise up to $500 million in capital for potential acquisitions, strategic initiatives, debt reduction, or general corporate purposes. The second is a "resale" registration statement for up to 18,102,286 common shares held by company affiliates to become freely tradable in the United States.
The company currently has no immediate plans to utilize the shelf registration statement, and has not received any indication from affiliates regarding their intentions to sell their registered shares.
Okeanis Eco Tankers Corp. (NYSE:ECO) ha presentato due dichiarazioni di registrazione sul modulo F-3 alla SEC il 7 maggio 2025. La prima è una dichiarazione di registrazione a scaffale che consente all'azienda di raccogliere fino a 500 milioni di dollari di capitale per potenziali acquisizioni, iniziative strategiche, riduzione del debito o scopi aziendali generali. La seconda è una dichiarazione di registrazione per la "rivendita" di fino a 18.102.286 azioni ordinarie detenute da affiliati della società, che diventeranno liberamente negoziabili negli Stati Uniti.
Attualmente, l'azienda non ha piani immediati per utilizzare la dichiarazione di registrazione a scaffale e non ha ricevuto alcuna indicazione dagli affiliati riguardo alle loro intenzioni di vendere le azioni registrate.
Okeanis Eco Tankers Corp. (NYSE:ECO) presentó dos declaraciones de registro en el formulario F-3 ante la SEC el 7 de mayo de 2025. La primera es una declaración de registro en estantería que permite a la empresa recaudar hasta 500 millones de dólares en capital para posibles adquisiciones, iniciativas estratégicas, reducción de deuda o propósitos corporativos generales. La segunda es una declaración de registro de "reventa" para hasta 18,102,286 acciones comunes en manos de afiliados de la compañía, para que puedan ser negociadas libremente en los Estados Unidos.
Actualmente, la empresa no tiene planes inmediatos para utilizar la declaración de registro en estantería y no ha recibido indicios de los afiliados sobre sus intenciones de vender las acciones registradas.
Okeanis Eco Tankers Corp. (NYSE:ECO)는 2025년 5월 7일 SEC에 Form F-3 양식으로 두 건의 등록신고서를 제출했습니다. 첫 번째는 회사가 잠재적 인수, 전략적 계획, 부채 상환 또는 일반 기업 목적을 위해 최대 5억 달러의 자본을 조달할 수 있는 선반 등록신고서입니다. 두 번째는 회사 계열사가 보유한 최대 18,102,286주의 보통주에 대한 "재판매" 등록신고서로, 미국 내에서 자유롭게 거래될 수 있도록 하는 내용입니다.
회사는 현재 선반 등록신고서를 즉시 사용할 계획이 없으며, 계열사로부터 등록 주식을 매도할 의향에 대한 어떠한 신호도 받지 못했습니다.
Okeanis Eco Tankers Corp. (NYSE:ECO) a déposé deux déclarations d'enregistrement sur le formulaire F-3 auprès de la SEC le 7 mai 2025. La première est une déclaration d'enregistrement sur étagère permettant à la société de lever jusqu'à 500 millions de dollars de capitaux pour des acquisitions potentielles, des initiatives stratégiques, la réduction de la dette ou des usages généraux de l'entreprise. La seconde est une déclaration d'enregistrement de "revente" portant sur jusqu'à 18 102 286 actions ordinaires détenues par des affiliés de la société, qui deviendront librement négociables aux États-Unis.
La société n'a actuellement aucun projet immédiat d'utiliser la déclaration d'enregistrement sur étagère et n'a reçu aucune indication de la part des affiliés concernant leurs intentions de vendre les actions enregistrées.
Okeanis Eco Tankers Corp. (NYSE:ECO) hat am 7. Mai 2025 zwei Registrierungsanmeldungen auf Formular F-3 bei der SEC eingereicht. Die erste ist eine Shelf-Registrierung, die dem Unternehmen erlaubt, bis zu 500 Millionen US-Dollar Kapital für potenzielle Akquisitionen, strategische Initiativen, Schuldenabbau oder allgemeine Unternehmenszwecke zu beschaffen. Die zweite ist eine "Wiederverkaufs"-Registrierung für bis zu 18.102.286 Stammaktien, die von Unternehmensangehörigen gehalten werden und in den USA frei handelbar werden sollen.
Das Unternehmen hat derzeit keine unmittelbaren Pläne, die Shelf-Registrierung zu nutzen, und hat von den Angehörigen keine Hinweise auf Verkaufsabsichten der registrierten Aktien erhalten.
- Flexibility to quickly raise up to $500 million in capital when needed
- Enhanced ability to pursue potential acquisitions and strategic initiatives
- Option to reduce outstanding debt with raised capital
- Potential future dilution if shelf registration is utilized
- Possible selling pressure if affiliates decide to sell their registered shares
ATHENS, Greece, May 07, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) a shelf registration statement on Form F-3 on May 7, 2025. The shelf registration statement will enable the Company to more quickly and efficiently raise capital in the future. It provides for up to
The Company has no present intention to utilize the shelf registration statement, and has received no indication whether the Company’s affiliates are planning to sell any of their shares in the Company that are registered under the “resale” registration statement on Form F-3.
Contacts
Company:
Iraklis Sbarounis, CFO
Tel: +30 210 480 4200
ir@okeanisecotankers.com
Investor Relations / Media Contact:
Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue, Suite 1540, New York, N.Y. 10169
Tel: +1 (212) 661-7566
okeanisecotankers@capitallink.com
About OET
OET is a leading international tanker company providing seaborne transportation of crude oil and refined products. The Company was incorporated on April 30, 2018 under the laws of the Republic of the Marshall Islands and is listed on Oslo Stock Exchange under the symbol OET and the New York Stock Exchange under the symbol ECO. The sailing fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers.
Forward-Looking Statements
This communication contains “forward-looking statements”, including as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. 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. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “hope,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons, including as described in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”). Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Factors that could cause actual results to differ materially include, but are not limited to, the Company’s operating or financial results; the Company’s liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations; broader market impacts arising from war (or threatened war) or international hostilities; risks associated with pandemics, including effects on demand for oil and other products transported by tankers and the transportation thereof; and other factors listed from time to time in the Company’s filings with the SEC. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based. You should, however, review the factors and risks the Company describes in the reports it files and furnishes from time to time with the SEC, which can be obtained free of charge on the SEC’s website at www.sec.gov.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
FAQ
What is the purpose of Okeanis Eco Tankers' (NYSE:ECO) shelf registration statement?
How many common shares are included in ECO's resale registration statement?
Does Okeanis Eco Tankers plan to immediately use the shelf registration?
What are the potential uses of the $500 million capital that ECO could raise?
