STOCK TITAN

Safe Bulkers 12M new shares to trade in Athens

Safe Bulkers, Inc. adds 12 million privately placed shares to its Euronext Athens listing, bringing total common shares outstanding to 113.8 million.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Safe Bulkers, Inc. (SB) reports that Euronext Athens has approved the admission to listing of 12,000,000 new shares of common stock, issued pursuant to a private placement conducted through an accelerated bookbuilding process. Trading in these new shares on the Main Market of the Regulated Securities Market of Euronext Athens is expected to commence on September 14, 2026.

Following this private placement, the company’s issued common equity capital consists of 113,833,473 shares with a nominal value of $0.001 each. No prospectus was required for the admission of the new shares under the exemption in Article 1(5)(a) of Regulation (EU) 2017/1129. Piraeus Bank S.A., DNB Carnegie and Fearnley Securities AS acted as Joint Global Coordinators and Joint Bookrunners.

Positive

  • None.

Negative

  • None.

Filing Explained

The 12 million-share placement would dilute existing ownership, although completion and final terms remain expressly qualified.

In this Form 6-K, Safe Bulkers reports that Euronext Athens approved admission of 12,000,000 new common shares from a private placement, with trading scheduled for September 14, 2026.

If completed as described, the added shares increase the share count and reduce existing holders’ percentage ownership absent offsetting changes.

The operational announcement says the shares were issued and will be credited before trading, but the same filing says there is no assurance that the private placement will be completed or on what terms, so completion and final terms remain expressly qualified.

New shares admitted 12,000,000 shares New common shares issued via private placement to be traded on Euronext Athens
Total common shares after private placement 113,833,473 shares Issued capital of common stock following the private placement
Nominal value per common share $0.001 per share Nominal value of each Safe Bulkers common share after the transaction
Trading commencement date for new shares September 14, 2026 Date trading of the 12,000,000 new shares is expected to commence on Euronext Athens
EU prospectus exemption cited Article 1(5)(a) of Regulation (EU) 2017/1129 Basis for not requiring a prospectus for admission of the new shares
accelerated bookbuilding process financial
"issued pursuant to a private placement through an accelerated bookbuilding process"
A fast method companies use to sell a large block of shares to institutional investors through one or a few investment banks, typically completed in hours or a few days with the sale price set by investor demand. It matters to investors because it can quickly increase share supply and dilute existing holdings, move the market price and signal management’s urgent need for capital — like a private, time-limited auction to fill a big order.
Regulated Securities Market financial
"Main Market of the Regulated Securities Market of Euronext Athens"
A regulated securities market is a trading venue—such as a stock exchange or an electronic platform—where buying and selling of stocks, bonds and other investment instruments is overseen by government or independent regulators enforcing rules on transparency, fairness and record‑keeping. It matters to investors because those rules reduce the chance of fraud, ensure prices reflect real supply and demand, and make it easier to buy or sell holdings—like shopping in a market with price tags and consumer protections.
Regulation (EU) 2017/1129 regulatory
"exemption under Article 1(5)(a) of Regulation (EU) 2017/1129"
An EU law that sets uniform rules for the detailed disclosure document companies must give when offering securities to the public or listing them on markets. It matters to investors because it forces issuers to present a clear, standardized “label” of information—risks, business model, finances and terms—so you can compare offerings and spot missing or misleading claims. Think of it as a required ingredient list and instructions for financial products sold across the EU.
qualified investors regulatory
"persons who are “qualified investors” within the meaning of Article 2(e)"
Qualified investors are individuals or institutions that meet regulatory standards—such as a minimum income, net worth, or professional expertise—allowing them access to investment opportunities not open to the general public. Think of them as a financial "VIP" group: they can buy private deals, complex products, or early-stage securities that may offer higher returns but also carry greater risk and less public information, so their status matters because it changes what investments are available and what protections apply.
Distribution Compliance Period regulatory
"during the period prior to and including the 40th day following the later"
Regulation S regulatory
"except in accordance with Regulation S or pursuant to an exemption"
Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Safe Bulkers, Inc. (SB) announce in this Form 6-K?

Safe Bulkers, Inc. announced that 12,000,000 new common shares issued in a private placement have been approved for admission to listing on the Main Market of Euronext Athens, with trading expected to begin on September 14, 2026.

How many Safe Bulkers (SB) common shares are outstanding after the private placement?

After the private placement, Safe Bulkers’ issued common equity capital consists of 113,833,473 shares of common stock, each with a nominal value of $0.001, according to the company’s announcement.

What process was used for the Safe Bulkers (SB) private placement of new shares?

The 12,000,000 new shares of Safe Bulkers were issued pursuant to a private placement conducted through an accelerated bookbuilding process, as resolved by the company’s Board of Directors.

Was a prospectus published for the admission of the new Safe Bulkers (SB) shares?

No prospectus was published. The company states that no prospectus was required for the admission of the 12,000,000 new shares to trading, relying on the exemption under Article 1(5)(a) of Regulation (EU) 2017/1129.

Who acted as Joint Global Coordinators for the Safe Bulkers (SB) private placement?

For the private placement of the 12,000,000 new shares, Piraeus Bank S.A., DNB Carnegie (part of DNB Bank ASA), and Fearnley Securities AS acted as Joint Global Coordinators and Joint Bookrunners.

Where are Safe Bulkers (SB) shares listed following this transaction?

Safe Bulkers states that its common stock is dual-listed on the NYSE and Euronext Athens under the symbol “SB”, and that the 12,000,000 new shares will trade on the Main Market of Euronext Athens.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR

15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

SAFE BULKERS, INC.

(Translation of registrant’s name into English)

Apt. D11, Les Acanthes 6, Avenue des Citronniers, MC98000 Monaco

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ý          Form 40-F  

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Indicate by check mark whether the registrant by furnishing the information contained in the Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes            No  ý

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):



EXHIBIT INDEX


1. Press Release dated September 11, 2026: ANNOUNCEMENT ADMISSION TO AND COMMENCEMENT OF TRADING ON THE MAIN MARKET OF EURONEXT ATHENS OF THE NEW SHARES OF COMMON STOCK ISSUED BY SAFE BULKERS, INC.


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 11, 2026

 

 

 

 

SAFE BULKERS, INC.

  

 

By:

/s/ Konstantinos Adamopoulos

 

Name:

Konstantinos Adamopoulos

 

Title:

Chief Financial Officer

 

 

 

[f091126sb6k001.jpg]


IMPORTANT NOTICE – DISCLAIMER

Not for release or distribution or publication in whole or in part, directly or indirectly, in or into Australia, Canada, Japan or the Republic of South Africa. These materials do not contain or constitute an offer for sale or the solicitation of an offer to purchase securities in the United States, Australia, Canada, Japan or the Republic of South Africa.

The securities mentioned herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States or to U.S. persons absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. No offering of securities is being made in the United States or to U.S. persons.


ANNOUNCEMENT

ADMISSION TO AND COMMENCEMENT OF TRADING ON THE MAIN MARKET OF EURONEXT ATHENS OF THE NEW SHARES OF COMMON STOCK ISSUED BY SAFE BULKERS, INC.


Monaco – Friday, September 11, 2026 — Safe Bulkers, Inc. (the “Company”) (NYSE/Euronext Athens: SB), an international provider of marine drybulk transportation services announced today that as of Monday, September 14, 2026, trading will commence on the Main Market of the Regulated Securities of Euronext Athens of 12,000,000 new shares of common stock (the “New Shares”), issued pursuant to a private placement through an accelerated bookbuilding process, as resolved by the Board of Directors of the Company (the “Private Placement”). On September 11, 2026, Euronext Athens approved the admission to listing of the New Shares on the Main Market of the Regulated Securities Market of Euronext Athens.

Following the Private Placement, the Company's issued capital of common stock consists of 113,833,473 shares of common stock with a nominal value of $0.001 each. The New Shares will have been credited to the securities accounts of the beneficiaries prior to the commencement date of their trading.

No prospectus was required for the admission of the New Shares to trading, in accordance with the exemption under Article 1(5)(a) of Regulation (EU) 2017/1129.

Piraeus Bank S.A., DNB Carnegie, part of DNB Bank ASA, and Fearnley Securities AS acted as Joint Global Coordinators and Joint Bookrunners in the Private Placement. Milbank LLP acted as the Company’s legal adviser, and PotamitisVekris Law Firm and Advokatfirmaet BAHR AS acted as the legal advisers of the Joint Global Coordinators and Joint Bookrunners.


About Safe Bulkers, Inc.


The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company’s common stock is dual-listed on the NYSE and Euronext Athens, trading under the symbol “SB”. The Company’s Series C and Series D preferred shares are listed on the NYSE under the symbols “SB.PR.C” and “SB.PR.D”, respectively.


Forward-Looking Statements


This press release may contain forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, business disruptions due to natural disasters or other events, such as the COVID-19 pandemic, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for dry-bulk vessels, competitive factors in the market in which the Company operates, changes in TCE rates, changes in fuel prices, risks associated with operations outside the United States, general domestic and international political conditions, tariffs imposed as a result of trade war and trade protectionism, uncertainty in the banking sector and other related market volatility, disruption of shipping routes due to political events, risks associated with vessel construction, the inability to develop a liquid trading market for the Company’s shares of common stock on Euronext Athens, and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertakings to release 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.


For further information please contact:


Company Contact:

Dr. Loukas Barmparis

President
Safe Bulkers, Inc.

Tel.: +30 2 111 888 400

        +357 25 887 200

E-Mail: directors@safebulkers.com

 

Investor Relations / Media Contact:

Nicolas Bornozis, President

Capital Link, Inc. New York,

230 Park Avenue, Suite 1536

New York, N.Y. 10169

Tel.: (212) 661-7566

Fax: (212) 661-7526

E-Mail: safebulkers@capitallink.com


Anna Wichmann

Capital Link Athens

Tel +30-210-6109-800

E-Mail: safebulkers@capitallink.com   









IMPORTANT NOTICE – DISCLAIMER

This announcement constitutes a public disclosure of inside information by the Company under Article 17(1) of Regulation (EU) No 596/2014.

There can be no assurance that the Private Placement will be completed or, if completed, as to the terms on which it will be completed.

This announcement does not constitute an offer to sell or issue, or any solicitation of an offer to purchase or subscribe for, any securities, including the New Shares, in any jurisdiction in which such offer or solicitation is unlawful. The New Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the United States or to, or for the account or benefit of, any U.S. persons, except in accordance with Regulation S or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Managers, their affiliates, or any person acting on their behalf, may not offer or sell any New Shares or solicit any offers to buy any New Shares during the period prior to and including the 40th day following the later of (x) the commencement of the Private Placement and (y) the closing date (the “Distribution Compliance Period”) in the United States or to, or for the account or benefit of, U.S. persons.

Subject to certain exceptions, the New Shares may not be offered or sold in Australia, Canada, South Africa or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, South Africa or Japan. The securities referred to herein have not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada, South Africa or Japan.

In the European Economic Area (the “EEA”), this announcement is directed only at persons who are “qualified investors” within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the “Prospectus Regulation”). This announcement is not a prospectus for the purposes of the Prospectus Regulation and is not intended and shall not constitute a public offer or advertisement of securities or an invitation to make offers to purchase any securities within the meaning of the Prospectus Regulation. This announcement has been prepared on the basis that any offer of the New Shares in any Member State of the European Economic Area (“EEA”) (each, a “Relevant Member State”), will be made pursuant to an exemption under the Prospectus Regulation from the requirement to publish a prospectus for offers of the New Shares. Accordingly, any person making or intending to make any offer in that Relevant Member State of the New Shares may only do so in circumstances in which no obligation arises for the Company or any of the managers to publish a prospectus pursuant to Article 3 of the Prospectus Regulation or supplement a prospectus pursuant to Article 16 of the Prospectus Regulation, in each case, in relation to such offer. Neither the Company nor the managers have authorized, nor do they authorize, the making of any offer of securities in circumstances in which an obligation arises for the Company or any managers to publish a prospectus for such offer.

In the United Kingdom (“UK”), this announcement is directed only at persons in the UK that are “professional investors,” as defined in paragraph 15 of Schedule 1 of Public Offers and Admissions to Trading Regulations 2024 (the “POATR”), who are persons (i) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), (ii) falling within Article 49(2)(a) to (d) of the Order, and/or (iii) to whom such investment or investment activity may otherwise lawfully be communicated (all such persons together being referred to as “Relevant Persons”). This announcement has been prepared on the basis that any offer of the New Shares in the UK will be made pursuant to an exemption under the POATR from the prohibition in the POATR on offers of the New Shares in the UK. Accordingly, any person making or intending to make any offer in the UK of the New Shares may only do so in circumstances in which the offer falls within an exemption from the prohibition on public offers in Part 1 of Schedule 1 to the POATR. Neither the Company nor the managers have authorized, nor do they authorize, the making of any offer of securities in the UK in circumstances in which an obligation may arise for the Company or any managers to publish a prospectus for such offer.

Persons who are not “qualified investors” in the EEA or Relevant Persons in the UK should not act or rely on this announcement or any of its contents.

 





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