Globus Maritime Limited (GLBS) seeks to register for resale up to 1,328,828 common shares by selling shareholder Athanasios Feidakis; sales may occur only after the registration statement becomes effective. The shares include 1,000,000 granted to Goldenmare Limited as merit-based compensation on November 26, 2025, 328,710 shares purchased by Goldenmare for $391,164, and 118 shares acquired directly by Feidakis as partial compensation for serving as a director. Feidakis controls Goldenmare.
Globus will receive no proceeds from resales; the selling shareholder receives the net proceeds and pays sale-related commissions and expenses, while Globus bears registration costs. The capitalization table lists total debt, including current portion, at $106.267 million actual and $130.741 million as adjusted to reflect scheduled debt payments of $2.126 million and a $26.6 million drawdown between June 30 and October 1, 2026.
Globus Maritime Limited (GLBS) reported that shareholders approved proposals presented at its annual meeting held in Glyfada, Greece on September 17, 2026. The report is incorporated by reference into the company’s effective Form F-3 registration statement (File No. 333-296704).
Globus operates a fleet of ten dry bulk vessels through its subsidiaries, with a total carrying capacity of approximately 744,622 DWT and a weighted average age of about 8 years as of September 17, 2026, transporting iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes worldwide.
Globus Maritime Limited (GLBS) reports the delivery of the 2026-built Ultramax dry bulk carrier M/V “Glbs Olympia,” increasing its fleet to ten vessels. The vessel, built at Nihon Shipyard Co in Japan, has a carrying capacity of approximately 64,000 DWT and is the company’s fourth Ultramax newbuilding.
Globus states that this modern, fuel-efficient ship supports its ongoing fleet renewal and modernization strategy and is intended to strengthen operational capabilities and efficiency. Following this acquisition, Globus’ fleet totals ten dry bulk carriers with approximately 744,622 DWT of carrying capacity and a weighted average age of about 8 years as of September 14, 2026.
Globus Maritime Limited reported markedly improved results for the six months ended June 30 2026. Voyage revenues rose to $26,858 from $18,157, driven by a higher daily Time Charter Equivalent (TCE) rate of $17,691 versus $10,366. The company moved to net income of $5,128 (basic EPS $0.24) from a loss of $3,350 (EPS $(0.16)), and Adjusted EBITDA increased to $15,306 from $5,218.
Cash generation strengthened, with net cash from operating activities rising to $10,337. Cash and cash equivalents were $29,321 at June 30 2026, while total debt and financial liabilities (gross of discounts) stood at about $106,267, with the weighted average interest rate reduced to 5.81%. The nine‑vessel fleet maintained high utilization of 99% and stable daily operating expenses of about $5,466 per vessel. Equity increased to $181,122 and the company reported a working capital surplus of about $26,014, remained in covenant compliance, and has remaining contractual payments of roughly $53.1 million for two fuel‑efficient bulk carriers scheduled for delivery in the second half of 2026. Management stated that recent Middle East hostilities had no significant impact on results for this period, while acknowledging ongoing uncertainty.
Globus Maritime Limited is convening its 2026 annual meeting of shareholders on September 17, 2026, at 11:00 a.m. local time in Glyfada, Greece. Shareholders will vote on two items: Proposal One to re-elect Class I directors Athanasios “Thanos” Feidakis and Ioannis Kazantzidis to terms expiring at the 2029 annual meeting, and Proposal Two to ratify Ernst & Young (Hellas) Certified Auditors Accountants S.A. as independent auditors for the fiscal year ending December 31, 2026.
Shareholders of record at the close of business on July 20, 2026 may vote. As of that date, there were 21,582,301 common shares and 10,300 Series B Preferred Shares outstanding; each common share has one vote and each Series B Preferred Share has 25,000 votes, subject to a 49.99% voting cap per holder. A quorum requires at least one third of the voting power present in person or by proxy. Proxies returned without instructions will be voted in favor of both proposals, which the board unanimously recommends.
Globus Maritime Limited amended its Shareholders Rights Agreement with Computershare Trust Company, N.A. on July 22, 2026. Amendment No. 2 extends the expiration of the Rights from the close of business on August 3, 2026 to the close of business on August 3, 2028 and increases the exercise price for each one one-thousandth of a preferred share issuable upon exercise of a Right to $10, in accordance with the existing agreement terms. The amendment is incorporated by reference into Globus Maritime Limited’s Registration Statement on Form F-3 (File No. 333-296704), filed June 11, 2026 and declared effective July 6, 2026.
Firment Shipping Inc. and Georgios Feidakis report beneficial ownership of 6,578,633 common shares of Globus Maritime Ltd., representing approximately 30.5% of outstanding shares, based on 21,582,301 shares reported outstanding as of March 31, 2026.
Since Amendment No. 10, Firment Shipping purchased 221,166 additional common shares for a total of $602,887 using Mr. Feidakis’s personal funds. The stake is held for investment, and the reporting persons state they may buy more shares, sell shares, or engage with other shareholders and management on governance, operations, and strategic matters. A prior registration rights agreement grants affiliated entities rights, under certain conditions, to have the issuer register and facilitate resale of their common shares.
Globus Maritime Ltd director Georgios Feidakis reported two indirect open-market purchases of common shares held through Firment Shipping Inc. He bought 106400 shares at US$2.70 on 2026-06-18 and 114766 shares at US$2.75 on 2026-07-13, totaling 221166 shares, bringing indirect holdings to 6578633 common shares.
Globus Maritime Limited registered a shelf to offer up to $300,000,000 of various securities from time to time, and to issue up to 16,750,000 common shares underlying previously issued warrants. The prospectus permits offerings of common shares, preferred shares, debt securities, warrants, purchase contracts, rights, depositary shares and units, with specific terms to be set in prospectus supplements. It states proceeds are for general corporate purposes, and that full cash exercise of the outstanding warrants would produce $92,187,500 in proceeds. The filing discloses the company’s fleet, governance structure including 10,300 Series B preferred shares with superior voting power, and risk factors relating to dilution, liquidity and Nasdaq listing requirements.