secwatch.observer — SEC 8-K summary
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Issuer:     Eagle Bulk Shipping Inc. (—)
CIK:        0001322439
Form:       8-K
Filed at:   2024-04-09T23:59:59+00:00
Accession:  0001628280-24-015450
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Bulk completes merger with Star Bulk; shareholders receive 2.6211 shares per share
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- Merger effective April 9, 2024; each Eagle share converted into 2.6211 Star Bulk shares.
- Eagle's 5.00% Convertible Notes due 2024 now convertible into 83.6702 Star Bulk shares per $1,000.
- All Eagle directors/officers resigned; Simos Spyrou and Christos Begleris appointed as directors/officers.
- CEO Gary Vogel terminated with Good Reason; receives 1.5x base+bonus, COBRA, accelerated equity vesting.
- Eagle stock delisted from NYSE; company to file Form 15 to suspend reporting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1322439/000162828024015450/0001628280-24-015450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1322439/000162828024015450/egle-20240409.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-015450

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer