EuroDry Ltd. Announces Filing of Form 20-F with the SEC
April 25 2023 - 4:05PM
EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner
and operator of drybulk vessels and provider of seaborne
transportation for drybulk cargoes, announced today that its Annual
Report on Form 20-F for the year ended December 31, 2022, has been
filed with the U.S. Securities and Exchange Commission (“SEC”) and
can be accessed on its website, www.eurodry.gr.
Alternatively, shareholders may also receive a
hard copy of the annual report, free of charge, by contacting us
using the contact details provided at the end of this press
release.
About EuroDry
Ltd.EuroDry Ltd. was formed on January 8, 2018
under the laws of the Republic of the Marshall Islands to
consolidate the drybulk fleet of Euroseas Ltd into a separate
listed public company. EuroDry was spun-off from Euroseas Ltd on
May 30, 2018; it trades on the NASDAQ Capital Market under the
ticker EDRY. EuroDry operates in the dry cargo, drybulk shipping
market. EuroDry's operations are managed by Eurobulk Ltd., an ISO
9001:2008 and ISO 14001:2004 certified affiliated ship management
company and Eurobulk (Far East) Ltd. Inc., which are responsible
for the day-to-day commercial and technical management and
operations of the vessels. EuroDry employs its vessels on spot and
period charters and under pool agreements. The Company has a fleet
of 10 vessels, including 5 Panamax drybulk carriers, 2 Ultramax
drybulk carriers, 2 Kamsarmax drybulk carriers and 1 Supramax
drybulk carrier. EuroDry’s 10 drybulk carriers have a total cargo
capacity of 728,975 dwt.
Forward Looking Statement
This press release contains forward-looking
statements (as defined in Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended) concerning future events and the Company's growth
strategy and measures to implement such strategy; including
expected vessel acquisitions and entering into further time
charters. Words such as "expects," "intends," "plans," "believes,"
"anticipates," "hopes," "estimates," and variations of such words
and similar expressions are intended to identify forward-looking
statements. Although the Company believes that the expectations
reflected in such forward-looking statements are reasonable, no
assurance can be given that such expectations will prove to have
been correct. These statements involve known and unknown risks and
are based upon a number of assumptions and estimates that are
inherently subject to significant uncertainties and contingencies,
many of which are beyond the control of the Company. Actual results
may differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual results
to differ materially include, but are not limited to changes in the
demand for dry bulk vessels, competitive factors in the market in
which the Company operates; risks associated with operations
outside the United States; and other factors listed from time to
time in the Company's filings with the Securities and Exchange
Commission. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
Visit our website www.eurodry.gr
Company Contact |
Investor Relations
/ Financial
Media |
Tasos AslidisChief Financial
Officer EuroDry Ltd.11 Canterbury Lane, Watchung, NJ 07069 Tel.
(908) 301-9091E-mail: aha@eurodry.gr |
Nicolas Bornozis Markella Kara
Capital Link, Inc.230 Park Avenue, Suite 1540 New York, NY
10169Tel. (212) 661-7566E-mail: eurodry@capitallink.com |
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