Ardmore Shipping Corp. filed a shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (SEC), the company announced in a statement. Once the registration statement has been declared effective by the SEC, Ardmore can issue several types of securities including common stock, preferred stock, debt securities, warrants or units, up to an aggregate amount of $300 million.
The company’s CEO Anthony Gurnee said in a statement, “Although we do not have immediate plans for raising and using additional capital, we anticipate that a shelf registration will provide more efficient access to the capital markets and allow Ardmore to act opportunistically in support of our growth objectives.”
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