Seanergy Maritime Holdings Corp. (SHIP)

[HASHimoto]

DELISTING FROM NASDAQ NOTICE/HEARING

http://www.marketwired.com/press-release/seanergy-maritime-holdings-corp-receives-nasdaq-determination-letter-nasdaq-ship-1847610.htm

http://www.4-traders.com/SEANERGY-MARITIME-HOLDING-4137407/news/Seanergy-Maritime-Holdings-Corp--Receives-Nasdaq-Determination-Letter-17421110/

Thoughts?

Stamatis Tsantanis, the Company's Chairman and Chief Executive Officer, stated: "Seanergy expected this determination letter and looks forward to the hearing with the independent Panel to discuss its plan to regain compliance. In addition, the Company continues to implement its ongoing restructuring plan, which aims to establish a viable financial structure and ensure its ability to participate in new investment opportunities." About Seanergy Maritime Holdings Corp.

Does the aforementioned restructuring effect currently issued equity and if so, how?