Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 234

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 234
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 dry bulk vessel business. We will pay no additional consideration for this license and right. Costamare Shipping will retain the right to use the trademarks in its own business or to maintain existing, or grant new, licenses or rights permitting any other person to use the trademarks; providedthat in all such cases the use, maintenance or grant must be consistent with the license and right granted to us under the licensing agreement. CBI Exchange Agreement Promptly after the spin-off and distribution are complete, we will exchange the equity interests in CBI that are held by the CBI Minority Investor, Jens Jacobsen, our chief commercial officer and a member of our board of directors, of an aggregate of 2.5% of CBI’s shares, for an aggregate of of our shares, or 0.75% of our outstanding shares. Procedures for Review and Approval of Related Party Transactions Related party transactions, which for purposes of review and approval, means transactions in which the Company or one of its subsidiaries is a participant and any of the Company’s directors, nominees for director, executive officers, employees, significant shareholders or members of their immediate families (other than immediate family members of employees who are not executive officers) have a direct or indirect interest, will be subject to review and approval or ratification by the board of directors and the audit committee, and will be evaluated pursuant to procedures established by the board of directors. Where appropriate, such transactions will be subject to the approval of our independent directors, including appropriate matters arising under the Framework Agreement and Services Agreement, such as the amendment and restatement of such agreement.

| C. | Interests of Experts and Counsel |

Not applicable.

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TABLE OF CONTENTS

| ITEM 8. | FINANCIAL INFORMATION |

| A. | Predecessor Combined Carve-Out Financial Statements and Other Financial Information |

See “Item 17. Financial Statements” below. Legal Proceedings We have not been involved in any legal proceedings that we believe may have a significant effect on our business, financial position, results of operations or liquidity, and we are not aware of any proceedings that are pending or threatened that may have a material effect on our business, financial position, results of operations or liquidity. From time to time, we may be subject to legal proceedings and claims in the ordinary course of business, principally property damage and personal injury claims. We expect that these claims would be covered by insurance, subject to customary deductibles, although there can be no assurance our insurers would agree in any particular case. Furthermore, those claims,