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StealthGas Inc. intends to use the net proceeds of the offering for vessels acquisitions, capital expenditures and other general corporate purposes. The securities described above are being offered by StealthGas Inc. pursuant to a shelf registration statement on Form F-3 (No. 333-189971) including a base prospectus, previously filed and declared effective by the Securities and Exchange Commission (SEC). A final prospectus supplement related to the offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus supplement, when available, also may be obtained from Global Hunter Securities, LLC, Attention: Equity Capital Markets, 777 Third Avenue, 22nd Floor, New York, New York 10017 (telephone: 646-264-5601, email: tmonfort@ghsecurities.com). This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. About StealthGas Inc. Headquartered in Athens, Greece, StealthGas Inc. is a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry. StealthGas Inc. currently has a fleet of 38 LPG carriers with a total capacity of 182,322 cubic meters (cbm), three M.R. product tankers and one Aframax oil tanker with a total capacity of 255,804 deadweight tons (dwt). The Company has agreed to acquire 17 LPG carriers with expected deliveries by the end of 2015. Once the delivery of these acquisitions is completed, StealthGas Inc.’s fleet will be composed of 55 LPG carriers with a total capacity of 266,422 cubic meters (cbm). StealthGas Inc.’s shares are listed on the NASDAQ Global Select Market and trade under the symbol “GASS”. StealthGas Inc. Press Release |
Stealthgas Inc. announces pricing of underwritten registered offering of common stock with single institutional investor