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Stock impact report

Seanergy Maritime Announces Profitable Sale of a Capesize Vessel and Expiration of Class E Warrants

Seanergy Maritime Holdings Corp (SHIP) 
Last seanergy maritime holdings corp earnings: 2/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: seanergymaritime.com/en
Company Research Source: GlobeNewswire
GLYFADA, Greece, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) (the “Company” or “Seanergy”) announced that it has successfully completed the strategic sale of its Capesize vessel, M/V Geniuship, further optimizing its fleet and enhancing liquidity. The Company also reported the expiration of its Class E warrants on August 20, 2025. Upon the expiration of these warrants, Seanergy has no outstanding warrants or other convertible securities. Sale of M/V Geniuship The M/V Geniuship was a 170,057 dwt Capesize bulker, built in 2010 by Sungdong SB in South Korea, which was acquired by Seanergy in 2015. The vessel was sold for a gross price of approximately $21.6 million to an unaffiliated buyer. The delivery was completed successfully on September 10, 2025. The transaction generated net cash proceeds of approximately $12.0 million and is expected to result in an accounting profit of around $2.5 million, which will be recorded on Seanergy Show less Read more
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