IPO - SEACOR Marine Holdings Inc.

Form Type: 424B5

Filing Date: 2025-02-24

Corporate Action: Ipo

Type: New

Accession Number: 000119312525033473

Filing Summary: SEACOR Marine Holdings Inc. has filed a prospectus under Rule 424(b)(5) for an at-market issuance of common stock, allowing the company to offer and sell shares with an aggregate offering price of up to $25,000,000. The sales agent for this offering is B. Riley Securities, Inc., and sales will be made at prevailing market prices. Common stock will be listed under the symbol 'SMHI' on the NYSE. The last reported sale price of the stock on February 19, 2025, was $6.81 per share. The proceeds from the sale will be utilized for general corporate purposes including working capital, capital expenditures, debt repayments, acquisitions, stock repurchases, and other financial needs. Investing in the common stock involves significant risk, and factors influencing stock value include fluctuating market conditions, capital structure, commodity prices, and potential stock dilution independent of company performance. The prospectus warns investors of potential volatility in stock price and the uncertainty associated with the uses of funds raised from this offering. The offering will terminate upon the sale of all shares or at the termination of the sales agreement.

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