Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has filed a shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission.
The shelf registration statement, when declared effective by the SEC, will give the Company the ability to offer and sell, within a 3 year period, up to $200,000,000 of its securities consisting of common stock, preferred stock, warrants, subscription rights and debt securities.
After the shelf registration becomes effective, the Company may offer and sell such securities from time to time and through one or more methods of distribution, subject to market conditions and the Company’s capital needs.
The terms of any offering under the shelf registration statement will be established at the time of such offering and will be described in a prospectus supplement filed with the SEC prior to completion of the offering.
The Company’s previous shelf registration statement expired in recent months.