Castor Maritime raises $20.7m for fleet growth

Nasdaq-listed panamax bulker owner Castor Maritime has closed a public offering, raising $20.7m which is likely to see the company’s fleet grow in the near future. Castor set out to raise $18m from the offering via the offering of 51.4m common shares, and also granted the Maxim Group, the underwriter, a 30-day option to purchase up …

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