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随着代理威胁加剧,经济学家撕毁Seanergy Maritime

2024-06-04 22:15

Seanergy Maritime (NASDAQ:SHIP+1.3% in early trading Tuesday after George Economou's Sphinx Investment challenged the company's board, accusing it of undermining shareholder rights and engaging in self-dealing.

According to Sphinx, the board sold 49.99% of its voting power to Seanergy (SHIP) CEO Stamatis Tsantanis for $250K, which Sphinx said is insignificant considering the company's assets total more than $400M.

Economou's contention centers around the governance rights of Seanergy (SHIP) shareholders, suggesting the transaction was approved by a board that he believes is biased towards Tsantanis.

Economou, who owns nearly 9% of Seanergy (SHIP) shares through Sphinx, has launched a proxy fight, naming John Liveris and Georgios Kokkodis as his board picks.

Seanergy (SHIP), which operates a fleet of 19 ships on a fully delivered basis, has said its attempts to engage constructively with Economou have been unsuccessful.

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