Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 107

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 107
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 the distribution agent will credit our shares that you were entitled to receive in the distribution by way of direct registration in book-entry form to a new account with our transfer agent. The distribution agent will mail to you an account statement that indicates the number of our shares that have been registered in book-entry form in your name on or shortly after the distribution date. We expect it will take the distribution agent up to two weeks after the distribution date to complete the distribution of our shares and mail statements of holding to all registered shareholders.

Trading Between the Record Date and the Distribution Date

We expect that, beginning approximately three trading days before the distribution date and continuing up to, but not including, the distribution date, there will be two markets in Costamare Inc. shares on the NYSE: a “regular-way” market and an “ex-distribution” market. Costamare Inc. shares that trade in the “regular-way” market will trade with an entitlement to our shares distributed pursuant to the distribution. Costamare Inc. shares that trade in the “ex-distribution” market will trade without an entitlement to our shares distributed pursuant to the distribution. Therefore, if you sell Costamare Inc. shares in the “regular-way” market up to the distribution date, you will be selling your right to receive our shares in the distribution.

If you own Costamare Inc. shares at the close of business (5:00 p.m., New York City time) on the record date and sell those shares on the “ex-distribution” market up to the distribution date, you will receive our shares that you are entitled to receive pursuant to your ownership of the Costamare Inc. shares as of the record date.

Furthermore, we expect that, beginning approximately three trading days before the distribution date and continuing up to, but not including, 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