Seanergy Maritime Holdings Corp. returns to compliance with the Nasdaq minimum bid price requirement


ATHENS, Greece, February 12, 2021 (GLOBE NEWSWIRE) – Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) today announced that the Nasdaq Stock Exchange has confirmed that the Company has regained compliance with the Nasdaq 5550 (a) (2) Listing Rule regarding the Minimum Bid Price common stock of the Company and the matter is now closed.

About Seanergy Maritime Holdings Corp.

Seanergy Maritime Holdings Corp. is the only fully listed Capesize vessel owner in the United States. Seanergy provides dry bulk shipping services through a fleet of 11 Capesize vessels with an average age of around 12 years and an overall carrying capacity of around 1,926,117 dwt. The Company is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “SHIP”, its Class A warrants under “SHIPW” and its Class B warrants under “SHIPZ”.

Please visit our company website at: www.seaergymaritime.com

Forward-looking statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) regarding future events. Words such as “may”, “should”, “expects”, “intends to”, “plans”, “believes”, “foresees”, “hopes”, “estimates” and variations of these Similar words and phrases are intended to identify forward-looking statements. These statements involve known and unknown risks and are based on a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by these forward-looking statements. 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 ability to continue to operate; the liquidity of the Company, including its ability to service its debt; competitive factors in the market in which the Company operates; trends in the shipping industry, including charter rates, vessel values ​​and factors affecting supply and demand for vessels; future, pending or recent acquisitions and divestitures, business strategy, areas of possible expansion or contraction, and anticipated capital or operating expenses; risks associated with operations outside the United States; risks associated with the duration and severity of the current novel coronavirus (COVID-19) outbreak, including its effects on the demand for dry bulk products and their transportation; and other factors listed from time to time in the Company’s filings with the SEC, its most recent annual report on Form 20-F. Documents filed by the Company may be obtained free of charge from the SEC’s website at www.sec.gov. Except to the extent required by law, the Company expressly disclaims any obligation or commitment to publicly release any update or revision to any forward-looking statement contained herein to reflect any change in the Company’s expectations in this regard or any change in the events, conditions or circumstances on which any statement is based.

For more information please contact:

Capital Link, Inc.
Daniela Guerrero
230, avenue du Parc, office 1536
New York, New York 10169
Phone. : (212) 661-7566
E-mail: [email protected]


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