Company: CMDB
Filing Date: 2025-04-07
Form Type: 20FR12B/A
Source: 0001140361-25-012461
Chunk: 249

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-07
Form: 20FR12B/A
Chunk 249
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 Tax Considerations The following discussion of U.S. Federal income tax matters is based on the Code, judicial decisions, administrative pronouncements, and existing and proposed regulations issued by the U.S. Department of the Treasury, all of which are subject to change, possibly with retroactive effect. This discussion does not address any U.S. state or local tax matters. You are encouraged to consult your own tax advisor regarding the particular United States Federal, state and local and foreign income and other tax consequences of acquiring, owning and disposing of our common shares that may be applicable to you. Taxation of Holders The following summarizes U.S. Federal income tax considerations relating to the distribution of our ordinary shares in connection with the Spin-off to U.S. Holders (as defined below), and the U.S. Federal income tax considerations of owning and disposing of our ordinary shares. This summary applies only to U.S. Holders that hold our ordinary shares as capital assets (generally, property held for investment) and that have the U.S. dollar as their functional currency. This summary does not purport to be a complete description of the consequences of the transactions described in this registration statement, nor does it address the application of estate, gift or other non-income federal tax laws or any state, local or foreign tax laws. The tax treatment of a holder of our ordinary shares may vary depending upon that holder’s particular situation. Moreover, this summary does not address certain holders that may be subject to special rules not discussed below, such as (but not limited to):

| • | insurance companies; |

| • | tax-exempt entities; |

| • | financial institutions; |

| • | broker-dealers; |

| • | pass-through entities; |

| • | traders in securities that elect to apply a mark-to-market method of accounting, holders that hold our ordinary shares as part of a “hedge”, “straddle”, “conversion”, or other risk reduction transaction for U.S. Federal income tax purposes; |

| • | individuals who receive our ordinary shares upon the exercise of compensatory options or otherwise as compensation; and |

| • | U.S. holders (as defined below) which own directly, indirectly or constructively 10% or more of our shares (as measured by vote or value). |

Moreover, no advance rulings have been or will be sought from the U.S. Internal Revenue Service, or IRS, regarding any matter discussed in this registration statement, and our counsel has not rendered any opinion with respect to any of the U.S