Company: CMDB
Filing Date: 2025-04-17
Form Type: 20FR12B/A
Source: 0001140361-25-014307
Chunk: 105

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-17
Form: 20FR12B/A
Chunk 105
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 the distribution date, there will be a “when-issued” market in our shares. “When-issued” trading refers to a sale or purchase made conditionally because the security has been authorized but not yet issued. The “when-issued” trading market will be a market for our shares that will be distributed to Costamare Inc. shareholders on the distribution date. If you owned Costamare Inc. shares at 5:00 p.m., New York City time, on the record date, you would be entitled to our shares distributed pursuant to the distribution. You may trade this entitlement to our shares, without the Costamare Inc. shares you own, on the “when-issued” market. The “when-issued” trading with respect to our shares is expected to end and “regular-way” trading is expected to begin on the first trading day after the distribution date. If “when-issued” trading occurs, the listing for our shares is expected to be under the trading symbol “CMDB.WI”. We will announce our “when-issued” trading symbol when and if it becomes available. If the distribution does not occur, all “when-issued” trading will be null and void.**

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#### TABLE OF CONTENTS

#### Number of Shares You Will Receive
You will receive one of our shares for every five Costamare Inc. shares you hold or have acquired and do not sell or otherwise dispose of prior to the close of business (5:00 p.m., New York City time) on the record date.

#### Treatment of Fractional Shares
The distribution agent will not distribute any fractional units of our shares in connection with the spin-off. Instead, the distribution agent will aggregate all fractional shares that Costamare Inc. shareholders would otherwise have been entitled to receive into whole shares and sell the whole shares in the open market at prevailing market prices. The aggregate net cash proceeds of such sales, net of brokerage fees and other costs, will be distributed pro rata to the relevant holders that would otherwise have been entitled to receive the fractional shares (based on the fractional share each such holder would otherwise be entitled to receive). The distribution agent, in its sole discretion, without any influence by Costamare Inc., or us, will determine when, how, through which broker-dealer and at what price to sell the whole shares. Any broker-dealer used by the distribution agent will not be an affiliate of either Costamare Inc. or us.

We estimate that