Seanergy Maritime Holdings Corp. SEC Filings

Seanergy Maritime Holdings Corp. has priced an offering of €100 million in unsecured corporate bonds to investors in Greece, which will trade on the Fixed Income Securities Segment of Euronext Athens. The bonds mature in July 2031, were issued at par and carry a 4.90% annual coupon, payable semi-annually.

Settlement is expected on July 10, 2026, with trading anticipated to start on July 13, 2026. Net proceeds, after estimated offering expenses of about €4.4 million, are expected to finance part of the cost of newbuilding or second-hand vessel acquisitions and for general corporate and working capital purposes.

Seanergy Maritime Holdings Corp. plans to offer in Greece a corporate bond with a maximum aggregate nominal amount of up to €100 million. The planned issue would consist of up to 100,000 bonds, each with a nominal value of €1,000 and a term of five years.

Any bonds issued are expected to be admitted to trading on the Fixed Income Securities Segment of the Regulated Market operated by Euronext Athens Holding S.A. The bonds will not be registered under U.S. securities laws and, subject to limited exceptions, may not be offered or sold within the United States. The company cautions there is no assurance the offering will be completed or that the full amount will be sold, and includes standard forward-looking statement warnings about risks that could affect outcomes.

Seanergy Maritime Holdings Corp. reported a much stronger first quarter of 2026, with net revenues of $42.9M, up 77% from Q1 2025. Net income reached $9.7M versus a loss of $6.8M a year earlier, while adjusted net income was $13.4M.

Adjusted EBITDA rose to $28.1M, up 251%, and earnings per share improved to $0.45 on a GAAP basis and $0.63 adjusted. The fleet achieved a TCE of $24,219 per day, an 81% increase and a premium to the BCI-180 benchmark.

The company declared a $0.20 per share cash dividend for Q1 2026, its 18th consecutive quarterly distribution. Seanergy is expanding a $460M fleet renewal program to six eco-design Capesize/Newcastlemax newbuildings, supported by new sale-and-leaseback financings and the proposed $29.5M sale of the M/V Squireship to a related party.

Seanergy Maritime Holdings Corp. officer Stavros Gyftakis reported an open-market sale of 3,570 shares of common stock at $13.95 per share. After this transaction, he directly holds 236,295 shares, so the sale represents a small portion of his overall position.

Seanergy Maritime Holdings Corp. Schedule 13G/A reports that Konstantinos Konstantakopoulos and Longshaw Maritime Investments S.A. each beneficially own 2,203,714 shares of common stock, representing 10.2% of the class. The percent is calculated using 21,668,198 shares outstanding as of March 31, 2026.

The filing states the shares are held indirectly through Longshaw Maritime Investments S.A.; voting and dispositive power are shared, with no sole voting or dispositive power reported. The filing is signed by Konstantinos Konstantakopoulos.

Seanergy Maritime Holdings Corp. has filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The report is also available through the company’s website in the Investor Relations section under Financial Reports.

Seanergy is a pure-play Capesize dry bulk ship owner listed in the U.S., operating a modern fleet focused on large cargo vessels. It currently owns or finance leases 20 vessels, including 2 Newcastlemax and 18 Capesize ships, with an average age of about 14.7 years and total carrying capacity of approximately 3,633,861 dwt.

After the sale of certain vessels and the delivery of newbuildings, Seanergy is expected to own or finance lease 23 vessels, consisting of 3 Newcastlemax and 20 Capesize ships, with aggregate capacity of approximately 4,218,890 dwt. The company is incorporated in the Marshall Islands with executive offices in Glyfada, Greece, and its common shares trade on the Nasdaq Capital Market under the symbol SHIP.

Seanergy Maritime Holdings Corp. files its annual Form 20-F, outlining its 2025 results context, capital structure and extensive risk profile. The company had 21,114,098 common shares and 20,000 Series B preferred shares outstanding as of December 31, 2025.

The report emphasizes heavy exposure to the cyclical dry bulk market, with charter income linked to the Baltic Capesize Index, and details how volatile freight rates and declining vessel values could pressure liquidity and loan covenants. It highlights macro risks such as wars in Ukraine and the Middle East, shifting U.S.–China trade and tariff policies, new U.S. and Chinese port-fee regimes, and global economic slowdowns.

Seanergy also describes growing environmental and regulatory burdens, including IMO sulfur and greenhouse-gas rules, the EU Emissions Trading Scheme and FuelEU Maritime Regulation, ballast-water standards, and broader ESG scrutiny, all of which may raise operating, compliance and financing costs and affect future profitability.

Seanergy Maritime Holdings Corp. executive Stamatios Tsantanis reports beneficial ownership of 2,084,403 shares of common stock, representing about 9.62% of the class based on 21,668,198 shares outstanding as of March 27, 2026. He holds sole voting and dispositive power over these shares.

During the period, 50 call options on 5,000 shares with an $8.00 exercise price expired unexercised, and another 50 call options to buy 5,000 shares at $8.00 per share were exercised. He then sold 1,000 shares at an average price of $8.22 per share. In his role as an executive officer, he received 196,000 shares on March 12, 2025 and 198,000 shares on March 6, 2026 under the 2011 Equity Incentive Plan, with portions vesting between September 2026 and September 2027.

Seanergy Maritime Holdings Corp. filed an initial Form 3 showing the holdings of company officer Stavros Gyftakis. The filing reports that he directly owns 240,045 shares of common stock. This form lists existing ownership and does not disclose any recent share purchases or sales.