Heidmar Maritime Holdings Corp. has announced a Common Share Purchase Agreement with B. Riley Principal Capital II, LLC. This agreement, effective from June 6, 2025, allows Heidmar to sell up to $20 million worth of its common shares to B. Riley, providing the company with a flexible option to raise capital. The funds raised from these share sales are intended to support Heidmar's growth initiatives, including vessel acquisitions, as well as for working capital and general corporate purposes. The agreement will remain in effect until either the total purchase amount is met or any predefined termination conditions occur.
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