Heidmar is pressing ahead towards US public listing with a merger deal between the Athens-based pool operator and shipmanager and lifestyle brand portfolio company MGO Global getting a green light from stockholders.
The merger, set to close shortly after a near-unanimous approval, will see the combined company operate under the Heidmar Maritime Holdings Corporation brand and be listed on Nasdaq.
Pankaj Khanna-led Heidmar, with more than 60 tankers and bulkers under commercial management, first tried to go public via a merger with Home Plate Acquisition Corporation but dropped these plans in October 2023.
The company’s second attempt at a stock market listing was announced last June with the business combination initially expected to close late in the third quarter of 2024. MGO’s existing shareholders will own approximately 5.6% of the merged entity.
Energy News Beat