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benfrankledger

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benfrankledger

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Sunday, 02/05/2017 8:02:48 PM

Sunday, February 05, 2017 8:02:48 PM

Post# of 58072
Starting to look well positioned

ATHENS, GREECE -- (Marketwired) -- 01/31/17 -- DryShips Inc. (NASDAQ: DRYS) (the "Company"), 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 the Company raised net proceeds of $198.0 million, pursuant to the Common Stock Purchase Agreement entered into by the Company on December 23, 2016.

Following the completion of the offering, the Company has approximately 36,253,870 common shares outstanding.

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