Seanergy Maritime Holdings Corp. Announces Completion of Registered Direct Offering

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Seanergy Maritime Holdings Corp. announced the completion of its previously announced offering of the Company’s common stock for aggregate gross proceeds of $4.9 million in a registered direct offering. The Company sold 1,180,000 shares of common stock at a purchase price of $4.15 to an unaffiliated third party, which is an institutional investor. Maxim Group LLC acted as the exclusive placement agent for the offering. The net proceeds from the sale of the securities, after deducting placement agent fees and related offering expenses, are approximately $4.2 million. The net proceeds of this offering are expected to be used for general corporate purposes.The shares of common stock are being offered pursuant to a shelf registration statement on Form F-3 (File No. 333- 205301) previously filed and declared effective by the United States Securities and Exchange Commission (“SEC”). A prospectus supplement relating to the offering has been filed by the Company with the SEC on August 9, 2016. Copies of the prospectus supplement, together with the accompanying base prospectus, can be obtained at the SEC’s website or from the offices of Maxim Group LLC, 405 Lexington Avenue, New York, New York 10174, Attn: Prospectus Department, or by telephone at (800) 724-0751. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. Any offers of securities will be made only by means of a prospectus supplement and accompanying base prospectus. Source: Seanergy Maritime Holdings Corp.

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