Himalaya Shipping Ltd. (HSHP) - Announces Pricing of Initial Public Offering in the United States
Hamilton, Bermuda, March 30, 2023 Himalaya Shipping Ltd. (“Himalaya Shipping”), an independent dry bulk carrier company with two dual fueled Newcastlemax vessels in operation and 10 dual fueled Newcastlemax dry bulk vessels under construction at New Times Shipyard in China expected to be delivered between April 2023 and July 2024, today announced the pricing of its previously announced initial public offering in the United States of 7,720,000 of its common shares (the “Offering”), at a price to the public of $5.80 per common share. Himalaya Shipping has also granted the underwriters a 30-