Back in March 2017, Golden Ocean Group Ltd (GOGL) entered into agreements to acquire 16 modern dry bulk vessels in an all-share transaction where the company will issue in aggregate 17.8 million consideration shares.
The company has now taken delivery of the last vessel, Q Keen (to be renamed Golden Keen), and now all 16 vessels are now delivered. Golden Ocean has issued 1 050 000 consideration shares to Quintana Shipping Ltd and associated companies in exchange for the vessel.
Following this transaction, the company's issued share capital is US$ 6,618,649.60 divided into 132 372 992 issued shares, each with a nominal value of US$0.05.
Read the article online at: https://www.drybulkmagazine.com/shipping/21072017/gogl-takes-delivery-of-final-dry-bulk-vessel-from-march-agreement/