Benzinga | Sep 15, 2020 09:03AM EDT

Eagle Bulk Shipping Inc. Announces Effectiveness Of Previously Announced Reverse Stock Split

STAMFORD, Conn., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE) ("Eagle Bulk", "Eagle" or the "Company"), one of the world's largest owner-operators within the Supramax / Ultramax drybulk segment, today announced the effectiveness, as of 9:00 a.m. Eastern time, of the previously announced 1-for-7 reverse stock split of the Company's issued common stock.



Additional information about the reverse stock split can be found in the Company's Form 8-K that was filed with the Securities and Exchange Commission on September 14, 2020, a copy of which is available at www.sec.gov.