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BRIEF-Dryships says might sell $200 mln of stock to Kalani Investments
December 27, 2016 / 2:02 PM / a year ago

BRIEF-Dryships says might sell $200 mln of stock to Kalani Investments

Dec 27 (Reuters) - Dryships Inc:

* DryShips Inc enters into $200 million common stock purchase agreement with Kalani Investments Limited

* Under agreement company may sell up to $200.0 million of its common stock to Kalani over a period of 24 months

* DryShips - in consideration for entering into agreement, company has agreed to issue up to $1.5 million of its common stock to Kalani as a commitment fee Source text for Eikon: Further company coverage:

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