Spin-off - Eurobulk Marine Holdings Inc.

Form Type: SCHEDULE 13D

Filing Date: 2025-06-20

Corporate Action: Spin-off

Type: New

Accession Number: 000091957425003710

Filing Summary: On March 17, 2025, Euroseas effected a spin-off transaction resulting in the distribution of shares of Euroholdings Ltd. on a pro rata basis to holders of common stock of Euroseas. Shareholders received one share of Euroholdings for every 2.5 shares of Euroseas common stock held on the record date of March 7, 2025. As a result of this transaction, Eurobulk Marine Holdings Inc. became beneficial owners of 211,267 shares of Euroholdings, equating to 7.5% of the total shares outstanding (2,816,615 shares). The document outlines the roles of significant executives including Aristides J. Pittas, who serves in multiple leadership positions at both Eurobulk Marine Holdings and Euroholdings, alongside information regarding their legal standing and the dealings related to shares in Euroholdings, with no recent transactions noted prior to the filing date.