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Seanergy Maritime Activist Shareholder Sphinx Investment Criticizes Company Pronouncements
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Seanergy Maritime Activist Shareholder Sphinx Investment Criticizes Company Pronouncements
Jun 3, 2024 3:27 PM

06:14 PM EDT, 06/03/2024 (MT Newswires) -- Seanergy Maritime Holdings ( SHIP ) activist shareholder Sphinx Investment on Monday criticized Seanergy's recent media

statements and a press release issued Friday.

"It appears to us that Seanergy thinks that it can confuse shareholders into forgetting what CEO Stamatis Tsantanis and the 'independent' members of the Seanergy board of directors have done to them by reciting platitudes about good governance and strategic plans," Sphinx said in a statement.

In Friday's release, Seanergy said Tsantanis discussed the company's "strong" Q1 earnings and outlook, along with recent strategic developments during a recent interview on the Schwab Network.

Sphinx said Cadwalader, Wickersham & Taft is representing the company in connection with ongoing litigation and potential proxy solicitation involving Seanergy.

Seanergy did not immediately reply to MT Newswires' request for comment on the latest Sphinx statement.

Price: 12.00, Change: -0.18, Percent Change: -1.48

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