UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D
Under
the Securities Exchange Act of 1934
(Amendment
No. 23)*
SEANERGY
MARITIME HOLDINGS CORP.
|
(Name
of Issuer)
|
|
COMMON
SHARES
|
(Title
of Class of Securities)
|
|
Y
73760301
|
(CUSIP
Number)
|
|
Alastair
Macdonald
|
Western
Isles
Jardine
House, 4th Floor,
33-35
Reid Street
P.O.
Box HM 1431
Hamilton
HM FX, Bermuda
Tel:
(441) 295-5913
|
(Name,
Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
|
|
December
31, 2020
|
(Date
of Event which Requires Filing of this Statement)
|
If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. ☐
Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See
Rule 13d-7 for other parties to whom copies are to be sent.
|
*
|
The
remainder of this cover page shall be filled out for a reporting person’s initial
filing on this form with respect to the subject class of securities, and for any subsequent
amendment containing information which would alter disclosures provided in a prior cover
page.
|
The
information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section
18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the Notes).
Schedule
13D
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CUSIP
No.
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Y
73760301
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1
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NAMES
OF REPORTING PERSONS
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Jelco
Delta Holding Corp.
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|
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|
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☒
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3
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SEC
USE ONLY
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|
|
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4
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SOURCE
OF FUNDS (SEE INSTRUCTIONS)
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WC
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5
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CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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|
|
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6
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CITIZENSHIP
OR PLACE OF ORGANIZATION
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Marshall
Islands
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|
|
|
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NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE
VOTING POWER
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|
|
0
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|
|
|
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8
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SHARED
VOTING POWER
|
|
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8,045,354(1)
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|
|
|
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9
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SOLE
DISPOSITIVE POWER
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0
|
|
|
|
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10
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SHARED
DISPOSITIVE POWER
|
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8,045,354(1)
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11
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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8,045,354(1)
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12
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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9.99%
(see Item 4)
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14
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TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
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CO
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(1)
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Includes
(i) 32,262,501 common shares issuable upon conversion of the convertible promissory notes in the principal of $3.80 million,
$21.2 million, and $13.75 million, respectively (collectively “Jelco Notes”) held by Jelco Delta Holding Corp.
(“Jelco”), (ii) 7,986,913 common shares issuable upon exercise of a common share purchase warrant at an exercise
price of $0.70 per common share issued on January 8, 2021, pursuant to the Securities Purchase Agreement (the “SPA”)
dated December 30, 2020, between the Issuer and Jelco, (iii) 955,730 common shares issuable upon exercise of a pre-funded
common share purchase warrant issued on January 8, 2021, pursuant to the SPA, (iv) 4,285,714 common shares, and 4,285,714
common shares underlying common share purchase warrants, which Jelco has an option to acquire pursuant to the SPA, and (v)
113,970 common shares issuable upon the exercise of the Class B warrants issued to Jelco at an exercise price of $16.00 per
common share, in each case subject to a 9.99% beneficial ownership blocker. The number of shares owned reported in this paragraph
do not give effect to such 9.99% beneficial ownership blockers contained in certain warrants and convertible notes held by
such beneficial owners, but the percentages set forth above do give effect to such beneficial ownership blockers.
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Schedule
13D
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CUSIP
No.
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Y
73760301
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1
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NAMES
OF REPORTING PERSONS
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Comet
Shipholding Inc.
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|
|
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☒
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3
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SEC
USE ONLY
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4
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SOURCE
OF FUNDS (SEE INSTRUCTIONS)
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WC
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5
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CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP
OR PLACE OF ORGANIZATION
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Marshall
Islands
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NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
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SOLE
VOTING POWER
|
|
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0
|
|
|
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8
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SHARED
VOTING POWER
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3,356
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9
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SOLE
DISPOSITIVE POWER
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0
|
|
|
|
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10
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SHARED
DISPOSITIVE POWER
|
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3,356
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11
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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3,356
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|
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12
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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0.0%
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14
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TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
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CO
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Schedule
13D
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CUSIP
No.
|
Y
73760301
|
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1
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NAMES
OF REPORTING PERSONS
|
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Claudia
Restis
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☒
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3
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SEC
USE ONLY
|
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4
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SOURCE
OF FUNDS (SEE INSTRUCTIONS)
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OO
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5
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CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP
OR PLACE OF ORGANIZATION
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Italy
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NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
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SOLE
VOTING POWER
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0
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|
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8
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SHARED
VOTING POWER
|
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8,048,710
(1)
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|
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9
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SOLE
DISPOSITIVE POWER
|
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0
|
|
|
|
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10
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SHARED
DISPOSITIVE POWER
|
|
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8,048,710
(1)
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|
|
|
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11
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
8,048,710
(1)
|
|
|
|
|
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
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☐
|
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13
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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9.99%
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14
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TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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(1)
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Claudia
Restis may be deemed to beneficially own 8,045,354 common shares of the Issuer through Jelco and 3,356 common shares of the
Issuer through Comet Shipholding Inc. (“Comet”), each through a revocable trust of which she is beneficiary. The
shares she may be deemed to beneficially own through Jelco Delta Holding Corp. include (i) 32,262,501 common shares issuable
upon conversion of the Jelco Notes, (ii) 7,986,913 common shares issuable upon exercise of a common share purchase warrant
at an exercise price of $0.70 per common share issued on January 8, 2021, pursuant to the SPA, (iii) 955,730 common shares
issuable upon exercise of a pre-funded common share purchase warrant issued on January 8, 2021, pursuant to the SPA, (iv)
4,285,714 common shares, and 4,285,714 common shares underlying common share purchase warrants, which Jelco has an option
to acquire pursuant to the SPA, and (v) 113,970 common shares issuable upon the exercise of the Class B warrants issued to
Jelco at an exercise price of $16.00 per common share. The number of shares owned reported in this paragraph do not give effect
to the 9.99% beneficial ownership blockers contained in certain warrants and convertible notes held by such beneficial owners,
but the percentages in the table above do give effect to such beneficial ownership blockers. See Item 4.
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Schedule
13D
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CUSIP
No.
|
Y
73760301
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INTRODUCTION
This
Amendment No. 23 to Schedule 13D further amends the Schedule 13D originally filed on March 12, 2015 by the Reporting Persons (as
defined in Item 2), to reflect the change in beneficial ownership of the Common Shares (as defined in Item 1), based on information
provided by the Issuer (as defined in Item 1) regarding an increase in the number of Common Shares outstanding.
This
Amendment No. 23 represents the final amendment to the Schedule 13D and constitutes an exit filing for the Reporting Persons,
as the Reporting Persons beneficially own less than five percent of the Common Shares of the Issuer.
ITEM
1.
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Security
and Issuer.
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This
statement relates to the common shares, par value $0.0001 per share (“Common Shares”) issued by Seanergy Maritime
Holdings Corp., a Marshall Islands corporation (the “Issuer”), whose principal executive offices are located at 154
Vouliagmenis Avenue, Glyfada 16674, Athens, Greece.
ITEM
2.
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Identity
and Background.
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(a)
- (c), (f) This statement is being filed by each of the persons identified below (collectively the “Reporting Persons”):
Name
|
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Address
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Jurisdiction of
Incorporation or
Place of Citizenship
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Principal
Business
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Jelco
Delta Holding Corp.
|
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c/o
Western Isles
Jardine
House, 4th Floor,
33-35
Reid Street
P.O.
Box HM 1431
Hamilton
HM FX, Bermuda
Attention:
Alastair Macdonald
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Marshall
Islands
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Investments
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Comet
Shipholding Inc.
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c/o
Western Isles
Jardine
House, 4th Floor,
33-35
Reid Street
P.O.
Box HM 1431
Hamilton
HM FX, Bermuda
Attention:
Alastair Macdonald
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Marshall
Islands
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Investments
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Claudia
Restis (1)
|
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c/o
Western Isles
Jardine
House, 4th Floor,
33-35
Reid Street
P.O.
Box HM 1431
Hamilton
HM FX, Bermuda
Attention:
Alastair Macdonald
|
|
Italy
|
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Business
and Philanthropy
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(1)
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Claudia
Restis is the beneficial owner of 100% of the capital stock of each of the corporate
Reporting Persons through a revocable trust of which she is beneficiary.
|
(c)
Except as set forth herein, no other transactions in the common shares were effected by the persons enumerated in Item 2 during
the past 60 days.
(d)
- (e) None of the Reporting Persons has, during the last five years, (i) been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors), or (ii) been a party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect
to such laws.
ITEM
3.
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Source
and Amount of Funds or Other Consideration.
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There
are no material changes to Item 3 from the Schedule 13D/A filed with the Commission on June 26, 2020.
ITEM
4.
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Purpose
of Transaction.
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(a)
- (b)
As
of the close of the business on January 27, 2021, Claudia Restis may be deemed to beneficially own 8,045,354 common shares of
the Issuer through Jelco and 3,356 common shares of the Issuer through Comet, each through a revocable trust of which she is beneficiary.
The shares she may be deemed to beneficially own through Jelco Delta Holding Corp. include (i) 32,262,501 common shares issuable
upon conversion of the Jelco Notes, (ii) 7,986,913 common shares issuable upon exercise of a common share purchase warrant at
an exercise price of $0.70 per common share issued on January 8, 2021, pursuant to the SPA, (iii) 955,730 common shares issuable
upon exercise of a pre-funded common share purchase warrant issued on January 8, 2021, pursuant to the SPA, (iv) 4,285,714 common
shares, and 4,285,714 common shares underlying common share purchase warrants, which Jelco has an option to acquire pursuant to
the SPA, and (v) 113,970 common shares issuable upon the exercise of the Class B warrants issued to Jelco at an exercise price
of $16.00 per common share. The number of shares owned reported in this paragraph do not give effect to the 9.99% beneficial ownership
blockers contained in certain warrants and convertible notes held by such beneficial owners, but the percentages in the tables
above do give effect to such beneficial ownership blockers.
ITEM
5.
|
Interest
in Securities of the Issuer.
|
(a)
- (b) Based on information provided by the Issuer, the Issuer had 80,567,668 common shares outstanding as of January 27, 2021.
Based upon the foregoing, as of January 27, 2021, the Reporting Persons’ beneficial ownership is as set forth below:
|
|
Percentage
of Shares
Beneficially
|
|
|
Voting
|
|
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Dispositive
|
|
Name
|
|
Owned
|
|
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Sole
|
|
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Shared
|
|
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Sole
|
|
|
Shared
|
|
Jelco Delta Holding Corp.
|
|
|
9.99
|
%
|
|
|
0
|
|
|
|
8,045,354
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(1)
|
|
|
0
|
|
|
|
8,045,354
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(1)
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Comet Shipholding Inc.
|
|
|
0.0
|
%
|
|
|
0
|
|
|
|
3,356
|
|
|
|
0
|
|
|
|
3,356
|
|
Claudia Restis
|
|
|
9.99
|
%
|
|
|
0
|
|
|
|
8,048,710
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(1)(2)
|
|
|
0
|
|
|
|
8,048,710
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(1)(2)
|
|
(1)
|
Includes
(i) 32,262,501 common shares issuable upon conversion of the Jelco Notes, (ii) 7,986,913
common shares issuable upon exercise of a common share purchase warrant at an exercise
price of $0.70 per common share issued on January 8, 2021, pursuant to the SPA, (iii)
955,730 common shares issuable upon exercise of a pre-funded common share purchase warrant
issued on January 8, 2021, pursuant to the SPA, (iv) 4,285,714 common shares, and 4,285,714
common shares underlying common share purchase warrants, which Jelco has an option to
acquire pursuant to the SPA, and (v) 113,970 common shares issuable upon the exercise
of the Class B warrants issued to Jelco at an exercise price of $16.00 per common share.
The number of shares owned reported in this paragraph and in the table above do not give
effect to the 9.99% beneficial ownership blockers contained in certain warrants and convertible
notes held by such beneficial owners, but the percentages in the table above do give
effect to such beneficial ownership blockers. See Item 4.
|
|
(2)
|
Claudia
Restis may be deemed to beneficially own 8,045,354 common shares of the Issuer through
Jelco Delta Holding Corp. and 3,356 common shares of the Issuer through Comet, each through
a revocable trust of which she is beneficiary.
|
(c)
N/A
(d)
N/A
(e)
N/A
ITEM
6.
|
Contracts,
Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
|
The
Issuer reached final agreements with certain of its senior lenders and junior lender, for the financial restructuring of a total
of $179 million, consisting of four senior credit, three junior credit facilities and three junior convertible notes on January
12, 2021. As part of this financial restructuring plan, the Issuer entered following agreements with Jelco. The financial restructuring
plan and agreements disclosed hereunder were previously disclosed in the Issuer’s Form 6-K filed with the U.S. Securities
and Exchange Commission on January 15, 2021.
Securities
Purchase Agreement
Jelco
and the Issuer entered into a Securities Purchase Agreement (the “SPA”) on December 30, 2020, which sets forth the
terms of the restructuring of the outstanding loan facilities and convertible notes between the Issuer and Jelco, consisting of
a loan facility of originally up to $12.8 million (the “First Jelco Loan Facility”), a loan facility of originally
up to $16.2 million (the “Second Jelco Loan Facility”), a loan facility of originally $7.0 million (the “Fourth
Jelco Loan Facility” and together with the First Jelco Loan Facility and the Second Loan Facility, the “Jelco Loan
Facilities”), a convertible promissory note in the principal amount of $4.0 million (the “First Jelco Note”),
a revolving convertible promissory note in the principal amount of $21.2 million (the “Second Jelco Note”) and a convertible
promissory note in the principal amount of $13.75 million (the “Third Jelco Note” and together with the First Jelco
Note and Second Jelco Note, the “Jelco Notes”).
Pursuant
to the Securities Purchase Agreement:
|
●
|
The
Issuer prepaid $6.5 million of the principal amount of the Second Jelco Loan Facility
on December 31, 2020.
|
|
●
|
In
exchange for the forgiveness by Jelco of all accrued and unpaid interest under the Jelco
Loan Facilities and Jelco Notes through December 31, 2020 in an aggregate amount of $4.3
million and an amendment fee of $1.2 million, the Issuer issued, on January 8, 2021,
7,986,913 units (“Units”) at a price of $0.70 per Unit, with each Unit consisting
of one common share of the Issuer (a “Common Share”) (or, at Jelco’s
option, one pre-funded warrant in lieu of such Common Share) and one warrant to purchase
one Common Share at an exercise price of $0.70.
|
|
●
|
The
Issuer granted Jelco an option, exercisable only once until 45 days after the effectiveness
of the resale registration statement described below, to purchase up to 4,285,714 additional
Units at a price of $0.70 per Unit in exchange for the forgiveness of principal under
the Second Jelco Loan Facility in an amount equal to the aggregate purchase price of
the Units.
|
|
●
|
The
Issuer granted Jelco customary registration rights as described below.
|
|
●
|
The
Issuer and Jelco agreed to amend the terms of each of the Jelco Loan Facilities and Jelco
Notes pursuant to the omnibus supplemental agreements described below, including to extend
the maturity date to December 31, 2024, to reduce the annual interest rate to 5.5% and
to amend the conversion price under the Jelco Notes to $1.20 per Common Share.
|
|
●
|
Jelco
agreed to a standstill undertaking, applicable for at least as long as the Common Shares
are listed on Nasdaq, precluding any acquisition of the Common Shares, including through
the exercise of warrants or the conversion of the Jelco Notes, to the extent that it
would result in Jelco or its affiliates beneficially owning, including controlling the
voting or disposition of, more than 9.99% of the outstanding Common Shares after giving
effect to the acquisition.
|
|
●
|
Jelco
waived any and all prior breaches and events of default under the Jelco Loan Facilities
and Jelco Notes.
|
The
Securities Purchase Agreement and the transactions contemplated therein were approved by an independent committee of the Issuer’s
board of directors.
The
terms of the warrants and pre-funded warrants issued as part of Units are substantially the same as those of the Class E warrants
and pre-funded warrants issued in the Issuer’s public offering in August 2020. Following the issuance of 7,031,183 Common
Shares, 955,730 pre-funded warrants and 7,986,913 warrants issued to Jelco as part of Units on January 8, 2021, the Issuer has
issued and outstanding 75,346,168 Common Shares.
Registration
Rights Agreement
On
December 31, 2020, the Issuer and Jelco entered into a registration rights agreement pursuant to which the Issuer agreed to file
a registration statement covering the resale by Jelco of:
(i)
7,986,913 Common Shares issued (or issuable upon exercise of pre-funded warrants issued) on January 8, 2021 pursuant to the Securities
Purchase Agreement;
(ii)
7,986,913 Common Shares issuable upon the exercise, at an exercise price of $0.70 per Common Share, of warrants issued on January
8, 2021 pursuant to the Securities Purchase Agreement;
(iii)
any Common Shares which are issued (or issuable upon exercise of warrants or pre-funded warrants issued) prior to the filing of
the registration statement pursuant to Jelco’s option to purchase additional Units described above; and
(iv)
32,262,501 Common Shares if issued upon conversion of the Jelco Notes at a conversion price of $1.20 per Common Share.
The
registration rights agreement also provides for piggyback registration rights, with customary cutbacks, with respect to such Common
Shares.
Omnibus
Loan Supplemental Agreement
On
December 31, 2020, the Issuer entered into an omnibus supplemental agreement (the “Omnibus Loan Supplemental Agreement”),
amending each of the Jelco Loan Facilities to reflect the changes agreed with Jelco in the Securities Purchase Agreement, including:
(i)
accrued and unpaid interest of an aggregate of $1.92 million through December 31, 2020 was deemed fully and finally settled;
(ii)
the interest rate payable from January 1, 2021 through the maturity date was fixed at 5.5% per annum;
(iii)
the maturity date was extended to December 31, 2024;
(iv)
the addition of cash sweep provisions whereby the Issuer will make prepayments semi-annually commencing the fiscal quarter ending
March 31, 2021 of the greater of the Issuer’s cash balances in excess of $25.0 million or the revenue of the Issuer’s
Capesize fleet attributable to a time charter equivalent rate in excess of $18,000 but not exceeding $21,000;
(v)
a mandatory prepayment on each of December 31, 2022 and December 31, 2023 of $8.0 million less any prepayments previously made
under the cash sweep provisions;
(vi)
an option to apply the proceeds of any cash exercise of the warrants issued to Jelco as part of Units as a prepayment;
(vii)
an amendment to the existing mandatory prepayment provisions in the First Jelco Loan Facility and Fourth Jelco Loan Facility such
that the Issuer will make a mandatory prepayment of an amount equal to 25% of the net proceeds of any future public offering and
any cash exercise of the Issuer’s outstanding Class E warrants (the prepayment obligations set forth in (iv)-(vii) above,
the “Mandatory Prepayment Obligations”); and
(viii)
a cap of $12.0 million on all Mandatory Prepayment Obligations in any calendar year.
Following
the closing of the transactions described herein on December 31, 2020, an aggregate of $16.9 million was outstanding under the
Jelco Loan Facilities.
Omnibus
Note Supplemental Agreement
On
December 31, 2020, the Issuer entered into an omnibus supplemental agreement (the “Omnibus Note Supplemental Agreement”),
amending each of the Jelco Notes to reflect the changes agreed with Jelco in the Securities Purchase Agreement, including:
(i)
accrued and unpaid interest of an aggregate of $2.43 million through December 31, 2020 was deemed fully and finally settled;
(ii)
the interest rate payable from January 1, 2021 through the maturity date was fixed at 5.5% per annum;
(iii)
the maturity date was extended to December 31, 2024;
(iv)
the conversion price was amended to $1.20 per Common Share;
(v)
the existing conversion provision was amended to include a beneficial ownership limitation of 9.99% of the number of the Common
Shares outstanding immediately after giving effect to the issuance of Common Shares issuable upon conversion; and
(vi)
the addition of provisions analogous to the Mandatory Prepayment Obligations requiring mandatory prepayment of the Jelco Notes
following the full repayment of the Jelco Loan Facilities, and a cap of $12.0 million on all such mandatory prepayment obligations
in any calendar year.
Following
the closing of the transactions described herein on December 31, 2020, an aggregate of $38.7 million was outstanding under the
Jelco Notes.
The
foregoing summary description of the agreements entered into with Jelco is not complete and is qualified by reference to the full
text of the agreements attached as exhibits hereto. The Securities Purchase Agreement, the Registration Rights Agreement, the
form of warrant and form of pre-funded warrant issued to Jelco, the Omnibus Loan Supplemental Agreement and the Omnibus Note Supplemental
Agreement are filed as Exhibits 99.1, 99.2, 99.3, 99.4, 99.5 and 99.6, respectively, hereto and incorporated in this Item 6 by
reference.
ITEM
7.
|
|
Materials
to be Filed as Exhibits.
|
|
|
|
Exhibit
99.1
|
|
Securities
Purchase Agreement, dated December 30, 2020, between the Issuer and Jelco (incorporated by reference to Exhibit 99.2 of the
Issuer’s Form 6-K filed with the Securities and Exchange Commission on January 15, 2021).
|
|
|
|
Exhibit
99.2
|
|
Registration
Rights Agreement, dated December 31, 2020, between the Issuer and Jelco (incorporated by reference to Exhibit 99.3 of the
Issuer’s Form 6-K filed with the Securities and Exchange Commission on January 15, 2021).
|
|
|
|
Exhibit
99.3
|
|
Form
of Warrant (incorporated by reference to Exhibit 99.4 of the Issuer’s Form 6-K filed with the Securities and Exchange
Commission on January 15, 2021).
|
|
|
|
Exhibit
99.4
|
|
Form
of Pre-Funded Warrant (incorporated by reference to Exhibit 99.5 of the Issuer’s Form 6-K filed with the Securities
and Exchange Commission on January 15, 2021).
|
|
|
|
Exhibit
99.5
|
|
Omnibus
Loan Supplemental Agreement, dated December 31, 2020, among the Issuer, Jelco, Partner Shipping Co. Limited and Emperor Holding
Ltd. (incorporated by reference to Exhibit 99.6 of the Issuer’s Form 6-K filed with the Securities and Exchange Commission
on January 15, 2021).
|
|
|
|
Exhibit
99.6
|
|
Omnibus
Note Supplemental Agreement, dated December 31, 2020, among the Issuer, Jelco, Partner Shipping Co. Limited and Emperor Holding
Ltd. (incorporated by reference to Exhibit 99.7 of the Issuer’s Form 6-K filed with the Securities and Exchange Commission
on January 15, 2021).
|
Signature
After
reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this
statement is true, complete and correct.
Dated:
February 8, 2021
|
JELCO
DELTA HOLDING CORP.
|
|
|
|
By:
|
/s/
Alastair Macdonald
|
|
Name:
|
Alastair
Macdonald
|
|
Title:
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President
|
|
|
|
|
COMET
SHIPHOLDING INC.
|
|
|
|
|
By:
|
/s/
Alastair Macdonald
|
|
Name:
|
Alastair
Macdonald
|
|
Title:
|
President
|
|
|
|
|
/s/
Claudia Restis
|
|
Claudia
Restis
|
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