Globus Maritime: Drops on pricing upsized offering at discount

Globus Maritime

18/06/2020 14:26

** Shares of vessels operator  GLBS.O  down 46.5% at 34
cents premarket; among top pct losers across U.S. exchanges
    ** Co announces pricing of an underwritten public offering
of 34.3 mln units at $0.35 per unit  urn:newsml:reuters.com:*:nGNX4WwYdz
    ** Pricing represents a dicount of 45.3% to stock's last
close; Gross proceeds expected to be ~$12 mln
    ** Stock down 35.2% YTD, as of last close

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com))