Seanergy Maritime Issues Statement on Court's Dismissal of Economou's Litigation

Core Viewpoint - Seanergy Maritime Holdings Corp. has successfully dismissed litigation brought by Economou through Sphinx Investment Corp., allowing the company to proceed with its 2024 Annual Meeting of Shareholders as scheduled on November 4, 2024 [1][2][3]. Company Summary - Seanergy Maritime Holdings Corp. is a prominent pure-play Capesize shipping company publicly listed in the U.S., providing marine dry bulk transportation services through a modern fleet of 19 vessels, including 1 Newcastlemax and 18 Capesize, with an average age of approximately 13.5 years and a total cargo carrying capacity of about 3,417,608 deadweight tons (dwt) [5][6]. - The company is incorporated in the Republic of the Marshall Islands and has executive offices in Glyfada, Greece, with its common shares trading on the Nasdaq Capital Market under the symbol "SHIP" [6]. Shareholder Engagement - The Board of Directors strongly recommends that shareholders vote on the WHITE proxy card "FOR" Seanergy's nominees and "AGAINST" Economou's proposals, emphasizing the strategic actions taken by the Board and management team that are expected to benefit shareholders [2][3]. - Shareholders of record as of September 19, 2024, are entitled to vote, and additional resources regarding the value creation strategy and voting process are available at www.VoteSeanergy.com [3]. Communication and Support - For any questions or assistance with voting shares, shareholders can contact the proxy solicitor, MacKenzie Partners, through various provided contact methods [4]. - The Board unanimously recommends that shareholders disregard any proxy materials received from Economou [4].