Eagle Bulk Shipping Inc. (NASDAQ:EGLE) Files An 8-K Regulation FD Disclosure

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) Files An 8-K Regulation FD Disclosure
Item 7.01.Regulation FD Disclosure.

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On January 23, 2019, Eagle Bulk Shipping Inc., a Republic of the Marshall Islands corporation (the “Company”), issued a press release announcing that it has acquired one Ultramax bulkcarrier and sold two Supramax bulkcarriers, as part of the Company’s ongoing fleet renewal program,

The Company also announced that that it has exercised the remaining options to purchase three exhaust gas cleaning systems, or scrubbers, to be retrofitted on vessels within its fleet. This press release follows the Company’s announcement on November 20, 2018 that it has exercised its option to purchase 15 of the 18 scrubber options to a series of agreements entered by the Company to purchase up to 37 scrubbers as announced on September 4, 2018.

A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.

The information in this Item 7.01 of this Current Report on Form 8-K, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set forth by specific reference in such a filing. By filing this Current Report on Form 8-K and furnishing this information, the Company makes no statement or admission as to the materiality of any information in this Item 7.01 or the exhibit attached hereto.

Cautionary Statement Regarding Forward-Looking Statements

This report contains forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbor provided for under these sections. These statements may include words such as “believe,” “estimate,” “project,” “intend,” “expect,” “plan,” “anticipate,” and similar expressions in connection with the timing of delivery of the Vessels as indicated above. Forward-looking statements reflect management’s current expectations and observations with respect to future events and financial performance. Where the Company expresses an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, the Company’s forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by those forward-looking statements.

The Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. If the Company updates one or more forward-looking statements, no inference should be made that the Company will make additional updates with respect to those or other forward-looking statements.

Item 9.01.Financial Statements and Exhibits.

(d) Exhibits.

Eagle Bulk Shipping Inc. Exhibit
EX-9.01 2 a23jan19pressrelease.htm EXHIBIT 9.01 Exhibit Eagle Bulk Shipping Inc. Acquires a Modern Ultramax and Sells Two 18-Year Old Supramaxes Vessel Transactions Improve Fleet Makeup and Decrease the Average AgeSTAMFORD,…
To view the full exhibit click here

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