Bullish indicating open at $55-$60, IPO prices at $37
Castor Maritime Inc. (NASDAQ:CTRM) reported Monday that its subsidiary, MPCC CSI LTD., has acquired an additional 3.44% of shares in MPC Container Ships ASA. As a result of this transaction, MPC Capital AG and its affiliated entities, including MPCC CSI LTD., have increased their collective ownership in MPC Container Ships ASA from approximately 16.68% to 20.12%, totaling 89,260,056 shares.
MPC Capital AG is the founding shareholder of MPC Container Ships ASA. The share acquisition by Castor Maritime’s subsidiary was disclosed in a press release statement filed with the U.S. Securities and Exchange Commission.
No further financial details related to the transaction were provided in the filing.
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