DryShips Inc: Rights Offering Update [Seeking Alpha]
DRYSHIPS (DRYS)
US:NASDAQ Investor Relations:
dryships.irwebpage.com/ir.html
Company Research
Source: Seeking Alpha
DryShips Inc: Rights Offering UpdateSummaryDryShips rights offering participation deadline is Monday, October 2nd, at 5pm. This leaves 6 trading days to the expiration of the rights offering.Retail investors may be need to act prior to October 2nd for their order to be processed on time (barring an extension of the offering deadline).DryShips has traded below the $2.75 rights offering strike price since the commencement of the rights offering on August 31st. Its highest close since September 1st was $2.55.The rights offering may continue to act as a lid on DRYS stock price until completion of the offering.
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