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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., Oct. 25, 5:10 PM

Slide #1. DryShips Inc. Secondary Offering

Company: DryShips Inc. (NASDAQ:DRYS)
Date announced: 10/23/2014
Shares Offered: 250,000,000
Date of Pricing: 10/24/2014
Price Per Share: $1.40
Secondary Offering Details: DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips") announced today that it launched an offering of its common stock, par value $0.01 per share. RS Platou Markets, Inc. and Pareto Securities Inc. are acting as joint lead managers, joint bookrunners and placement agents in the offering. ABN AMRO Securities (USA) LLC is acting as joint lead manager and placement agent. DVB Capital Markets LLC is acting as co-manager and placement agent. RS Platou Markets AS and Pareto Securities AS are acting as placement agents. RS Platou Markets AS and Pareto Securities AS are not U.S. registered broker-dealers and to the extent that this offering is made within the United States, their activities will be effected only to the extent permitted by Rule 15a-6 of the Securities Exchange Act of 1934, as amended. The Company intends to use the net proceeds from the offering to repurchase a portion of its $700.0 million principal amount of indebtedness under the 5.0% Convertible Senior Notes maturing on December 1, 2014. - updated 10/24 - DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips") announced today that it priced the offering of 250,000,000 shares of its common stock, par value $0.01 per share, at a price of $1.40 per share. The offering is expected to close on October 29, 2014. As part of the offering, George Economou, the Company's Chairman, President and Chief Executive Officer, has purchased $80 million, or 57,142,857 shares, of common stock in the offering at the public offering price. RS Platou Markets, Inc. and Pareto Securities Inc. are acting as joint lead managers, joint bookrunners and placement agents in the offering. ABN AMRO Securities (USA) LLC is acting as joint lead manager and placement agent. DVB Capital Markets LLC is acting as co-manager and placement agent. RS Platou Markets AS and Pareto Securities AS are acting as placement agents. RS Platou Markets AS and Pareto Securities AS are not U.S. registered broker-dealers and to the extent that this offering is made within the United States, their activities will be effected only to the extent permitted by Rule 15a-6 of the Securities Exchange Act of 1934, as amended. The Company intends to use the net proceeds from the offering to repurchase a portion of its $700.0 million principal amount of indebtedness under the 5.0% Convertible Senior Notes maturing on December 1, 2014.

Dryships is a provider of ocean transportation services for drybulk and petroleum cargoes through its ownership and operation of drybulk carrier vessels and oil tankers and offshore drilling services. Co. owns, through its subsidiaries, an operating fleet consisting of 38 drybulk carriers, comprised of 12 Capesize, 24 Panamax and 2 Supramax vessels. In addition, Co. has 8 drilling units, comprised of 2 modern, fifth generation, advanced capability ultra-deepwater semisubmersible offshore drilling rigs, 4 sixth-generation, advanced capability ultra-deepwater drillships and 2 seventh-generation, advanced capability ultra-deepwater drillships; and 10 oil tankers.
Open the DRYS Page at The Online Investor »

Company Name:  DryShips Inc
Website:  www.dryships.com
Sector:  Shipping
Number of ETFs Holding DRYS:  2
Total Market Value Held by ETFs:  $278549
Total Market Capitalization:  $826.00M
% of Market Cap. Held by ETFs:  0.03%
 

Open the DRYS Page at The Online Investor (in a new window) »

List of Secondary Stock Offerings in this Slideshow:

9/30/2014:
Company: Vital Therapies, Inc. (VTL)
Shares Offered: 2,000,000
More: offering details »

10/1/2014:
Company: Radius Health, Inc. (RDUS)
Shares Offered: 2,750,000
More: offering details »

10/1/2014:
Company: Portola Pharmaceuticals, Inc. (PTLA)
Shares Offered: 6,200,000
More: offering details »

10/2/2014:
Company: Legacy Reserves LP (LGCY)
Shares Offered: 10,000,000
More: offering details »

10/6/2014:
Company: Natural Resource Partners L.P. (NRP)
Shares Offered: 8,500,000
More: offering details »

10/6/2014:
Company: KCAP Financial, Inc. (KCAP)
Shares Offered: 3,000,000
More: offering details »

10/6/2014:
Company: Breitburn Energy Partners LP (BBEP)
Shares Offered: 14,000,000
More: offering details »

10/6/2014:
Company: Kosmos Energy (KOS)
Shares Offered: 15,000,000
More: offering details »

10/7/2014:
Company: Burlington Stores, Inc. (BURL)
Shares Offered: 8,000,000
More: offering details »

10/7/2014:
Company: Dynegy (DYN)
Shares Offered: 22,500,000
More: offering details »

10/7/2014:
Company: Dynegy (DYN)
Shares Offered: 4,000,000
More: offering details »

10/8/2014:
Company: PTC Therapeutics, Inc. (PTCT)
Shares Offered: 3,000,000
More: offering details »

10/10/2014:
Company: Inland Real Estate Corporation (IRC)
Shares Offered: 4,000,000
More: offering details »

10/14/2014:
Company: Yuma Energy, Inc. (YUMA)
Shares Offered: 477,273
More: offering details »

10/14/2014:
Company: Esperion Therapeutics, Inc. (ESPR)
Shares Offered: 4,250,000
More: offering details »

10/14/2014:
Company: CubeSmart (CUBE)
Shares Offered: 6,500,000
More: offering details »

10/14/2014:
Company: STAG Industrial, Inc. (STAG)
Shares Offered: 5,500,000
More: offering details »

10/16/2014:
Company: Tetraphase Pharmaceuticals, Inc. (TTPH)
Shares Offered: 3,950,000
More: offering details »

10/20/2014:
Company: Tesoro Logistics LP (TLLP)
Shares Offered: 20,000,000
More: offering details »

10/21/2014:
Company: Susser Petroleum Partners LP (SUSP)
Shares Offered: 8,000,000
More: offering details »

10/21/2014:
Company: Urstadt Biddle Properties Inc. (UBA)
Shares Offered: 2,800,000
More: offering details »

10/21/2014:
Company: Nanosphere (NSPH)
Shares Offered: 40,000,000
More: offering details »

10/22/2014:
Company: WidePoint Corporation (WYY)
Shares Offered: 6,896,552
More: offering details »

10/23/2014:
Company: New Mountain Finance Corporation (NMFC)
Shares Offered: 5,000,000
More: offering details »

10/23/2014:
Company: DryShips Inc. (DRYS)
Shares Offered: 250,000,000
More: offering details »

October 25, 2014    5:10 PM Eastern
Quotes delayed 20 minutes



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