Dryships announces successful completion of the $ 200.0 million common stock offering
DryShips Inc., a diversified owner of ocean going cargo vessels, announced today that it has successfully completed the previously announced $200.0 million common stock offering , in which Dryships raised net proceeds of $198.0 million, pursuant to the prospectus supplement filed on February 17, 2017. Following the completion of the offering, Dryships has approximately 152, 055,576 common shares outstanding.
About DryShips Inc.
Dryships is a diversified owner of ocean going cargo vessels that operate worldwide. Dryships owns a fleet of 13 Panamax drybulk carriers, which have a combined deadweight tonnage of approximately 1.0 million dwt, one Very Large Crude Carrier and one Aframax tanker newbuilding, each of which are expected to be delivered in the second quarter of 2017, 2 Very Large Gas Carrier newbuildings which are expected to be delivered in the second and third quarter of 2017, respectively, and six offshore support vessels, comprising two platform supply and four oil spill recovery vessel.