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An announcement from Okeanis Eco Tankers Corp. ( (ECO) ) is now available.
Okeanis Eco Tankers Corp. has filed a shelf registration statement with the SEC to facilitate raising up to $500 million in capital for potential acquisitions, strategic initiatives, debt reduction, or other corporate purposes. Additionally, a resale registration statement was filed for the resale of over 18 million common shares held by affiliates. This move positions the company to efficiently access capital markets, potentially impacting its operational flexibility and market competitiveness.
More about Okeanis Eco Tankers Corp.
Okeanis Eco Tankers Corp. is a leading international tanker company that provides seaborne transportation of crude oil and refined products. Incorporated in 2018 under the laws of the Republic of the Marshall Islands, the company is listed on the Oslo Stock Exchange and the New York Stock Exchange. Its fleet comprises modern scrubber-fitted Suezmax and VLCC tankers.
Average Trading Volume: 191,171
Technical Sentiment Signal: Buy
Current Market Cap: $779.6M
Find detailed analytics on ECO stock on TipRanks’ Stock Analysis page.