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Snowball Research

George Economou and Sphinx Investment Corp. Issued Statement on Seanergy Maritime Holdings Corp (SHIP)

Jun 04, 2024
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Key Summary: On December 13, 2023, George Economou (7.2%) voiced governance concerns, citing the alleged issuance of super-voting Series B Preferred Stock to the Chairman and CEO in 2021. He planned board nominations. On June 3, 2024, George Economou and Sphinx Investment Corp (8.9%) criticized CEO Stamatis Tsantanis and the board for selling 49.99% of …

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