Hamilton, Bermuda (16 August 2024). Lantern Capital Partners has, on 6 August 2024, sold their shareholding of 3,664,121 common shares in GoodBulk Ltd. (the “Company”) (N-OTC: BULK), representing 13.5% of the issued and outstanding common shares in the Company, to Bretta Navigation Corporation, a company wholly owned by John Michael Radziwill, the Company’s President and Director. Consequently, Mr. Radziwill directly and indirectly owns 14,427,216 common shares in the Company, representing 53.3% of the issued and outstanding common shares in the Company.
Following the sale, Lantern Capital Partners does not hold any shares in the Company. As a consequence, Andy Mitchell has resigned from his position as director in the Company.
The full announcement can be found here.