The acquisition was structured by way of a reverse triangular merger with the financing for the acquisition provided by alternative investment firm, EnTrust Global and will be the first such merger to be effected under the Companies Law of the DIFC.
WFW advised on matters of Marshall Islands, Liberian, Thai and maritime law and also, through our formal law alliance in Singapore with Wong Tan & Molly Lim LLC, Singapore law.
Each Class A warrant is immediately exercisable for one common share at an exercise price of $0.35 per share and will expire five years from issuance.
Royal Caribbean announced that it intends to use the combined net proceeds from the offerings of the Notes for general corporate purposes, which may include the repayment of indebtedness.
The Marshall Islands has adopted a regulation permitting shareholders to participate remotely in annual shareholder meetings.
Seanergy is the only pure-play Capesize ship-owner publicly listed in the US. Its common shares trade on the Nasdaq Capital Market under the symbol “SHIP”.
Located in Illinois, the Woodford project, Tri Global Energy and CIP’s third project together, comprises 31,000 leased acres and will be owned and operated by CIP’s US subsidiary, Woodford Wind US Inc.
We advised OMP, a leading maritime and offshore energy institutional investor, on its acquisition of US$35m of Series G Redeemable Convertible Perpetual Preferred Shares of Tsakos Energy Navigation.
WFW advises Cartesian Capital Group on US$50m equity capital injection into Viva Air Group1 July 2019
Cartesian Senior Managing Director Paul Hong stated: “It has been a pleasure working with Steve and his talented team at WFW and we look forward to working with them again in the future.”
This is an urgent 2019 deadline for Liberian corporations that have issued (or authorized to issue) bearer shares and the holders or beneficial owners of such shares.