8-K 1 d619547_8-k.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 17, 2005 EAGLE BULK SHIPPING INC. (Exact name of each Registrant as specified in its Charter) Marshall Islands 000-51366 98-0453513 (State or other jurisdiction of (Commission File Number) (IRS employer incorporation or organization) identification no.) 29 Broadway 10006 New York, New York (Zip Code) (Address of principal executive offices) (Registrant's telephone number, including area code): (212) 785-2500 Item 7.01. Regulation FD On November 17, 2005, the Registrant issued a press release announcing that the underwriters of its follow-on offering completed on November 2, 2005 exercised in full the over-allotment option granted to the underwriters by the Company and the Company's principal stockholder, Eagle Ventures LLC. A copy of the press release is attached hereto as Exhibit 99.1. Exhibit 99.1 Eagle Bulk Shipping, Inc. Announces Exercise of Over-Allotment Option New York, New York, November 17, 2005 - Eagle Bulk Shipping Inc. (Nasdaq: EGLE) today announced that the underwriters of its follow-on offering of 5,500,000 common shares completed on November 2, 2005 exercised in full the over-allotment option granted to the underwriters by the Company and the Company's principal stockholder, Eagle Ventures LLC. As a result of the over-allotment exercise, the Company will sell 500,000 shares of its common stock and Eagle Ventures LLC will sell 325,000 shares of the Company's common stock at $14.50 per share. The Company will not receive any of the proceeds from the sale of shares by Eagle Ventures LLC. The Company's follow-on offering was managed by UBS Investment Bank LLC and Bear, Stearns & Co., Inc. acting as joint bookrunning managers. About Eagle Bulk Shipping Inc. Eagle Bulk Shipping Inc. is a Marshall Islands corporation headquartered in New York City that owns and operates Handymax dry bulk vessels, which are dry bulk vessels that range in size from 35,000 to 60,000 deadweight tons, or dwt, and that transports major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes. The Company currently owns and operates 12 Handymax dry bulk vessels and has agreed to purchase one additional Handymax dry bulk vessel. Investor Contact Media Contact Alan Ginsberg Jon Morgan Chief Financial Officer Kekst & Company 212-785-2500 212-521-4800 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. November 17, 2005 EAGLE BULK SHIPPING INC. By: /s/ Sophocles N. Zoullas -------------------------------- Sophocles N. Zoullas Chief Executive Officer and President 25083.0001 #619547