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Thursday, 09/14/2017 11:37:39 PM

Thursday, September 14, 2017 11:37:39 PM

Post# of 4109
Up to 12,065,000 Common Shares
Issuable Upon Exercise of Outstanding Warrants
This prospectus relates to the issuance of up to 12,065,000 of our common shares upon the exercise of outstanding (i) class A warrants to purchase 11,500,000 of our common shares, or the Class A Warrants, and (ii) Representative's Warrants to purchase 565,000 of our common shares, or the Representative's Warrants. We refer to the Class A Warrants and Representative's Warrants together as the Warrants. The Warrants were issued in connection with a registered public offering that closed on December 13, 2016, with respect to the offering of certain initial securities, and on December 21, 2016, with respect to the offering of additional securities pursuant to the partial exercise of the underwriters' over-allotment option. As of the date of this prospectus, each Class A Warrant has an exercise price of $2.00 per common share and each Representative's Warrant has an exercise price of $1.875 per common share.
Our common shares are listed on the Nasdaq Capital Market under the symbol "SHIP". On June 15, 2017, the last reported sale price of our common shares on the Nasdaq Capital Market was $0.69 per share.

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12243150
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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