Heidmar Maritime Holdings Corp. Sells Shares to B. Riley
Ticker: HMR · Form: 6-K · Filed: Jun 9, 2025 · CIK: 2029471
| Field | Detail |
|---|---|
| Company | Heidmar Maritime Holdings Corp. (HMR) |
| Form Type | 6-K |
| Filed Date | Jun 9, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financing, equity-sale, capital-raise
TL;DR
Heidmar Maritime Holdings Corp. just inked a deal to sell up to $10M in stock to B. Riley Principal Capital II.
AI Summary
On June 6, 2025, Heidmar Maritime Holdings Corp. entered into a Common Share Purchase Agreement with B. Riley Principal Capital II, LLC. This agreement allows Heidmar Maritime Holdings Corp. to sell shares of its common stock to B. Riley Principal Capital II, LLC, up to an aggregate amount of $10 million.
Why It Matters
This agreement provides Heidmar Maritime Holdings Corp. with a flexible source of capital, potentially allowing for strategic investments or operational funding.
Risk Assessment
Risk Level: medium — The agreement allows for the sale of common stock, which could lead to dilution for existing shareholders.
Key Numbers
- $10.0M — Common Stock Sale Limit (Maximum aggregate amount Heidmar Maritime Holdings Corp. can sell to B. Riley Principal Capital II, LLC.)
Key Players & Entities
- Heidmar Maritime Holdings Corp. (company) — Registrant
- B. Riley Principal Capital II, LLC (company) — Purchaser of common stock
- June 6, 2025 (date) — Date of Common Share Purchase Agreement
- $10 million (dollar_amount) — Aggregate amount of common stock that can be sold
FAQ
What is the aggregate amount of common stock Heidmar Maritime Holdings Corp. can sell under the agreement?
The Company has the right to sell shares of its common stock to B. Riley Principal Capital II, LLC, up to an aggregate amount of $10 million.
Who is the counterparty to the Common Share Purchase Agreement?
The counterparty is B. Riley Principal Capital II, LLC.
On what date was the Common Share Purchase Agreement entered into?
The agreement was entered into on June 6, 2025.
What is the purpose of the Common Share Purchase Agreement?
The agreement allows Heidmar Maritime Holdings Corp. to sell shares of its common stock to B. Riley Principal Capital II, LLC, providing a source of capital.
What is the filing type and period of report for this document?
This is a Form 6-K, Report of Foreign Private Issuer, for the month of June 2025, with the period of report ending June 6, 2025.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 9, 2025 regarding Heidmar Maritime Holdings Corp. (HMR).