- EuroDry begins "regular way" trading today on the Nasdaq under the ticker NASDAQ:EDRY, after its spinoff from Euroseas (ESEA -20.4%)
- Each Euroseas shareholders received one EuroDry share for every five shares of the company held.
- Aristides Pittas, Chairman and CEO of Euroseas, commented: "We expect that our clear sector strategy and growth plans will allow Euroseas to trade much closer to its net asset value, which we believe it to be around $3 per share."
- Press Release