{"id":211382,"date":"2022-07-06T14:38:48","date_gmt":"2022-07-06T11:38:48","guid":{"rendered":"https:\/\/maritimes.gr\/seanergy-announces-completion-of-united-maritime-corporation-spin-off\/"},"modified":"2022-07-06T14:38:48","modified_gmt":"2022-07-06T11:38:48","slug":"seanergy-announces-completion-of-united-maritime-corporation-spin-off","status":"publish","type":"post","link":"https:\/\/maritimes.gr\/en\/seanergy-announces-completion-of-united-maritime-corporation-spin-off\/","title":{"rendered":"Seanergy Announces Completion of United Maritime Corporation Spin-Off"},"content":{"rendered":"<p><img decoding=\"async\" class=\" size-full wp-image-211380\" src=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/07\/63503a03e79de303fe5bfdfc7dcf4a7f.jpg\" alt=\"\" width=\"1024\" height=\"526\" srcset=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/07\/63503a03e79de303fe5bfdfc7dcf4a7f-200x103.jpg 200w, https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/07\/63503a03e79de303fe5bfdfc7dcf4a7f-300x154.jpg 300w, https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/07\/63503a03e79de303fe5bfdfc7dcf4a7f-400x205.jpg 400w, https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/07\/63503a03e79de303fe5bfdfc7dcf4a7f-600x308.jpg 600w, https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/07\/63503a03e79de303fe5bfdfc7dcf4a7f-768x395.jpg 768w, https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/07\/63503a03e79de303fe5bfdfc7dcf4a7f-800x411.jpg 800w, https:\/\/maritimes.gr\/wp-content\/uploads\/2022\/07\/63503a03e79de303fe5bfdfc7dcf4a7f.jpg 1024w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>July 6, 2022 &#8211; Glyfada, Greece &#8211; Seanergy Maritime Holdings Corp. (the \u201cCompany\u201d or \u201cSeanergy\u201d)&nbsp;(NASDAQ: SHIP) reported today that it has completed the spin-off of its wholly-owned subsidiary,&nbsp;United Maritime Corporation (United\u201d), effective July 5, 2022. The Company\u2019s shareholders received&nbsp;one United share for every 118 shares of Seanergy held at the close of business on June 28, 2022.<\/p>\n<p>Fractional common shares of United were not distributed. Instead, the distribution agent will&nbsp;aggregate fractional common shares into whole shares, sell such whole shares in the open market <br \/>at prevailing rates promptly and distribute the net cash proceeds from the sales pro rata to each&nbsp;holder who would otherwise have been entitled to receive fractional common shares in the <br \/>distribution.<\/p>\n<p>Additional information about United and the spin-off transaction can be found in the United&nbsp;registration statement filed pursuant to the Securities Exchange Act of 1934 on Form 20-F, which is <br \/>available at www.sec.gov or at https:\/\/www.unitedmaritime.gr\/en under Investors\/SEC Filings.<\/p>\n<p><strong>About Seanergy Maritime Holdings Corp.<\/strong><br \/>Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the&nbsp;US. Seanergy provides marine dry bulk transportation services through a modern fleet of Capesize&nbsp;vessels. The Company&#8217;s operating fleet consists of 17 Capesize vessels with an average age of&nbsp;approximately 12 years and aggregate cargo carrying capacity of approximately 3,020,012 dwt.<\/p>\n<p>The Company is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece. <br \/>The Company&#8217;s common shares trade on the Nasdaq Capital Market under the symbol \u201cSHIP\u201d. <br \/>Please visit our company website at: www.seanergymaritime.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>July 6, 2022 &#8211; Glyfada, Greece &#8211; Seanergy Maritime Holdings Corp. (the \u201cCompany\u201d or \u201cSeanergy\u201d)&nbsp;(NASDAQ:  [&#8230;]<\/p>\n","protected":false},"author":23,"featured_media":211380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[298],"tags":[],"class_list":["post-211382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-seagoing-maritimes-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Seanergy Announces Completion of United Maritime Corporation Spin-Off - Maritimes<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/maritimes.gr\/en\/seanergy-announces-completion-of-united-maritime-corporation-spin-off\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seanergy Announces Completion of United Maritime Corporation Spin-Off - Maritimes\" \/>\n<meta property=\"og:description\" content=\"July 6, 2022 &#8211; Glyfada, Greece &#8211; Seanergy Maritime Holdings Corp. 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