$Castor Maritime Inc Good morning! I wanted to share this article as it does give the time line on when the offering closes.
according to this article it's the 12th.
so see picture attached, very encouraging.
Castor Maritime Inc. Announces Pricing of $26.0 Million Registered Direct Offering
Castor Maritime Inc.
January 8, 2021, 9:00 am
LIMASSOL, Cyprus, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (the โCompanyโ) (NASDAQ: CTRM) announces today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue approximately 137.0 million of its common shares and warrants to purchase up to an aggregate of 137.0 million common shares at a purchase price of $0.19 per common share and accompanying warrant in a registered direct offering. The warrants will have an exercise price of $0.19 per share, are exercisable immediately and will expire five years following the date of issuance.
Maxim Group LLC is acting as sole placement agent for the offering.
The gross proceeds to the Company from the offering are estimated to be approximately $26.0 million before deducting the placement agentโs fees and other estimated offering expenses. ๐๐๐The offering is expected to close on or around January 12, 2021, subject to the satisfaction of customary closing conditions๐๐๐
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

Like