Contact Information: For Further Information please contact: Seanergy Maritime Corp. c/o Vgenopoulos & Partners Law Firm 15 Filikis Eterias Square Athens, 106 73 Greece Tel: 30 210 7206900 E-mail: mail@vplaw.gr Financial Information: Alexis Komninos Chief Financial Officer Tel: 30 210 3726200 E-mail: Kalexis@Komninos.gr Investor Relations / Media: Capital Link, Inc. Paul Lampoutis 230 Park Avenue Suite 1536 New York, NY 10169 Tel. (212) 661-7566 E-mail: seanergy@capitallink.com
Seanergy Announces Postponement of Special Meeting to August 26, 2008
| Source: Seanergy Maritime
ATHENS, GREECE--(Marketwire - August 12, 2008) - Seanergy Maritime Corp. ("Seanergy" or the
"Company") (AMEX : SRG ) (AMEX : SRG.U ) (AMEX : SRG.W ) has announced today
that, in order to give its stockholders additional time to consider and
vote on the proposed vessel acquisition, it has postponed the special
meeting of its stockholders originally scheduled for 10:00 a.m. (Eastern
Daylight Time), Thursday, August 14, 2008. The special meeting is now
scheduled to be held at 10:00 a.m. (Eastern Daylight Time) on Tuesday,
August 26, 2008. The meeting will still be held at the offices of Loeb &
Loeb, Seanergy's counsel, located at 345 Park Avenue, New York, NY 10154.
Seanergy previously announced that pursuant to an Agreement dated May 20,
2008, Seanergy Merger Corp., the wholly owned subsidiary of the Company,
has agreed to acquire six dry bulk vessels from affiliates of the Restis
family (including a newly built vessel and a vessel under construction).
About Seanergy Maritime Corp.
Seanergy Maritime Corp. is a Business Combination Company™, or BCC™.
A BCC™ is a blank check company formed for the purpose of acquiring,
through a merger, capital stock exchange, asset acquisition or other
similar business combination, an unidentified operating business.
Forward-Looking Statements
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.
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, which 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, the scope and timing of SEC and other regulatory agency review,
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.
Not a Proxy Statement; Additional Information
This press release is not a proxy statement or a solicitation of proxies
from holders of common stock of Seanergy and does not constitute an offer
of any securities of Seanergy. In connection with the proposed transaction
and required shareholder approval, Seanergy will update the preliminary
proxy statement it filed with the SEC on a Form 6-K and will file with the
SEC on a Form 6-K a definitive proxy statement that will be mailed to the
shareholders of Seanergy. Seanergy's shareholders are urged to read the
definitive proxy statement and other relevant materials when they become
available as they will contain important information about the transaction
and related matters. Shareholders will be able to obtain a copy of the
definitive proxy statement, without charge, by directing a request to:
Seanergy Maritime Corp., c/o Vgenopoulos & Partners Law Firm, 15 Filikis
Eterias Square, Athens, 106 73, Greece, telephone no.: 30 210 7206900;
email: mail@vplaw.gr. Once filed, investors and security holders will be
able to obtain free copies of these documents through the website
maintained by the SEC at http://www.sec.gov.
Seanergy and its officers and directors may be deemed to be participating
in the solicitation of proxies from the Seanergy shareholders in favor of
the approval of the proposed transaction. Information concerning Seanergy's
directors and officers is set forth in the publicly filed documents of
Seanergy. Shareholders may obtain more detailed information regarding the
direct and indirect interests of Seanergy and its directors and executive
officers in the transaction and related financing by reading the definitive
proxy statement regarding the proposed acquisition, which will be filed
with the SEC on a Form 6-K.