d1011559_8-k.htm
UNITED
STATES
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): July 16, 2009
Eagle
Bulk Shipping Inc.
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(Exact
name of registrant as specified in its charter)
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Republic
of the Marshall Islands
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001-33831
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98-0453513
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(State
or other jurisdiction of incorporation or organization)
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(Commission
File Number)
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(IRS
employer identification no.)
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|
|
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477
Madison Avenue
New
York, New York
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10022
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(Address
of principal executive offices)
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(Zip
Code)
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(Registrant’s
telephone number, including area code): (212) 785-2500
(Former
Name or Former Address, if Changed Since Last Report): None
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[_] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[_] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[_]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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[_]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
8.01 Other Events
Eagle
Bulk Shipping Inc. (the “Company”) has completed its offering under the Equity
Distribution Agreement (the “Agreement”), which was originally reported in a
Prospectus filed on March 2, 2009. Since commencing the offer and
issuance of shares under the Agreement, the Company raised gross proceeds of
$100 million.
Following
the completion of the Agreement, the Company has approximately 61.9 million
shares outstanding.
UBS
Securities LLC acted as sales agent in the offering.
The
Company's cash position for the quarter ended June 30, 2009 was $142 million,
and the weighted average number of shares outstanding for the same period was
52.3 million.
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 hereunto
duly authorized.
EAGLE BULK SHIPPING
INC.
(registrant)
Dated:
July 16, 2009
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By:
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/s/ Alan S. Ginsberg
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Name: Alan
S. Ginsberg
Title: Chief
Financial Officer
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SK 25083 0001
1011559