Castor Maritime Inc. Extends Tender Offer to Purchase its Outstanding Common Share Purchase Warrants Issued on April 7, 2021

Core Viewpoint - Castor Maritime Inc. has extended the expiration date of its tender offer to purchase outstanding Common Share Purchase Warrants from May 20, 2024, to May 31, 2024 [1][2]. Group 1: Tender Offer Details - The tender offer is for all outstanding Common Share Purchase Warrants issued on April 7, 2021, and the new expiration time is set for 5:00 P.M. Eastern Time on May 31, 2024 [1]. - The terms of the offer are detailed in the Offer to Purchase dated April 22, 2024, which has been amended on May 16, 2024, and filed with the U.S. Securities and Exchange Commission (SEC) [2]. Group 2: Company Overview - Castor Maritime Inc. is a diversified global shipping company that provides shipping transportation services through its ownership of oceangoing cargo vessels [4]. - The company owns a fleet of 12 vessels with a total capacity of 0.8 million deadweight tons (dwt), including three Kamsarmax vessels and seven Panamax dry bulk vessels [4].