Company: CMDB
Filing Date: 2025-04-07
Form Type: 20FR12B/A
Source: 0001140361-25-012461
Chunk: 85

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-07
Form: 20FR12B/A
Chunk 85
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 our charterers and suppliers; |

| • | operate our fleet efficiently; or |

| • | successfully execute our business strategies. |

If our ability to do any of the things described above is impaired, it could have a material adverse effect on our financial condition and results of operations, as well as our cash flows. Our affiliated managers and our executives provide certain services to, or are employed by, other companies, including Costamare Inc., which may negatively affect our operations. Costamare Shipping provides commercial, technical and other services to the vessel-owning subsidiaries of Costamare Inc. and to companies controlled by our largest shareholder, Konstantinos Konstantakopoulos. Costamare Services provides the vessel-owning subsidiaries of Costamare Inc. with chartering, sale and purchase, insurance and certain representation and administrative services and is controlled by our largest shareholder, Konstantinos Konstantakopoulos, and a member of his family. Gregory Zikos, our chief executive officer, controls one of our Agency Companies and serves as the chief financial officer of Costamare Inc. Our executives, including Gregory Zikos, our chief executive officer, and Dimitris Pagratis, our chief financial officer, are employed by and provide their services to Costamare Shipping or Costamare Services and CBI. Our chief commercial officer, Jens Jacobsen is employed by and provides his services to Local Agency B. This could detract from the time and attention that our affiliated managers and our executives can dedicate to our business and could cause a conflict of interest in their determination as to how much time to devote to our affairs or a failure to meet their obligations to us. If any of our executives or our affiliated managers are unable to devote sufficient time to managing our business, this could have a material adverse effect on our operations and financial results. Our vessels may call at ports located in countries that are subject to restrictions imposed by the U.S. government, the European Union, the United Nations and other governments, which could negatively affect the trading price of our common shares. The United States, the European Union, the United Kingdom, the United Nations and other governments and their agencies impose sanctions and embargoes on certain countries and maintain lists of countries, individuals or entities they consider to be state sponsors of terrorism, involved in prohibited development of certain weapons or engaged in human rights violations. From time to time on charterers’ instructions, our vessels have called and may again call at ports located in countries that have been subject to sanctions and embarg