HERE'S THE TRUTH, LW . $DRYS......9.6 MIL O/S
ATHENS, GREECE--(Marketwired - May 12, 2017) - DryShips Inc. (NASDAQ: DRYS), or DryShips or the Company, a diversified owner of ocean going cargo vessels, today reports its updated key financial information giving effect to the reverse stock split on May 11, 2017:
Key Financial Information as of May 11, 2017, post reverse stock split:
Cash and cash equivalents: approximately $268.8 million (or $27.92 per share)
Book value of vessels, net: approximately $356.8 million (or $37.06 per share)
Sifnos Loan Facility balance: approximately $200.0 million
Number of Shares Outstanding: 9,628,852
About DryShips Inc.
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