NASDAQ, OCNF - Oceanfreight Inc.
OceanFreight Inc. was incorporated on September 11, 2006 under the laws of the
Marshall Islands. Our principal executive offices are at 80 Kifissias Avenue,
Athens 15125, Greece. Our telephone number at that address is +30 210 614 0283.
On September 26, 2006, we issued 1,000 common shares, par value $0.01 per share,
to Basset Holdings Inc., or Basset, a company controlled by Mr. Antonis
Kandylidis, in exchange for a capital contribution of $500,000. Under our
Amended and Restated Articles of Incorporation, these shares were converted into
1,000 subordinated shares. Also, on April 3, 2007, our board of directors
declared, effective April 5, 2007, a stock split, in the form of a share
dividend, in the ratio of 1,999:1 on our subordinated shares. Basset currently
owns 2,000,000 subordinated shares which represents approximately 13.9% of our
outstanding capital stock. Please read Item 7.B. ??Major Shareholders and
Related Party Transactions?Basset Holdings Inc. ...
Read SEC Filing on NASDAQ.com »