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Global Ship Lease Announces $100M Equity Distribution Deal
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Global Ship Lease Announces $100M Equity Distribution Deal

Global Ship Lease (GSL) has released an update.

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Global Ship Lease, Inc. has confirmed an agreement with Evercore Group L.L.C. to issue and sell up to $100 million of its Class A common shares. The company assures compliance with the Securities Act for their registration statement and asserts that no material misstatements or omissions have been made. This equity distribution is part of an at-the-market offering that will occur over time as stipulated by the agreement.

For further insights into GSL stock, check out TipRanks’ Stock Analysis page.

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