WARNING TO ALL. EXPECTED AFTER HOURS.
NEWS similar to the previous press release below, just with current dates.
Old timers do remember.
ATHENS, GREECE--(Marketwired - Jan 31, 2017) - 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.
Mr. George Economou, Chairman and CEO, commented:
"We are very excited to have successfully raised $198 million of equity and with total available liquidity in excess of $300 million, we have strengthened our position to continue the process of re-building the Company's fleet and earnings capacity and pursuing investments in various shipping segments."
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