Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 100

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 100
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 as if the excess distribution or gain had been recognized ratably over the shareholder’s holding period. Please read “Item 10. Additional Information—10.E. Tax Considerations—United States Federal Income Tax Considerations— Taxation of United States Holders—PFIC Status” for a more detailed discussion of the U.S. Federal income tax consequences to U.S. shareholders if we are treated as a PFIC.

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TABLE OF CONTENTS

| ITEM 4. | INFORMATION ON THE COMPANY |

| A. | History and Development of the Company |

Costamare Bulkers Holdings was incorporated in the Republic of the Marshall Islands on September 29, 2023 under the BCA. We (i) serve as the ultimate holding company of the subsidiaries that held, hold or were formed for the purpose of holding all dry bulk vessels owned indirectly by Costamare Inc. and (ii) following the spin-off and the completion of the Restructuring Transactions, will also serve as the holding company of CBI, which contains Costamare Inc.’s dry bulk operating platform. In connection with the spin-off, Costamare Inc. intends to distribute all of our shares to holders of Costamare Inc. shares on a pro rata basis. Promptly after the spin-off and distribution are complete, we will proceed to purchase all of the equity interests in CBI from Costamare Inc. and the CBI Minority Investor. Members of the Konstantakopoulos family, which has a long history of owning and operating vessels as well as investing in the international shipping industry are the major shareholders of Costamare Inc. The Konstantakopoulos family’s involvement in the shipping industry began in 1974 and was initially focused on the ownership and operation of dry bulk vessels. In 1984, it entered into the containership market. Since 1992, the Konstantakopoulos family focused exclusively on containerships. Since its inception in 2008 and until the acquisition of dry bulk vessels in June 2021, Costamare Inc. has concentrated on building a large, modern and reliable containership fleet. Costamare Inc. is run and supported by highly skilled, experienced and loyal personnel. Under Konstantinos Konstantakopoulos’ leadership, Costamare Inc. has continued to foster a company culture focusing on excellent customer service, industry leadership and innovation. In June 2021, Costamare Inc. began acquiring the dry bulk vessels that will be separated