Baltic Trading falls 5.9% AH on follow-on

|About: Baltic Trading Limited (BALT)|By:, SA News Editor

Shares of Baltic Trading (BALT) are down 5.9% AH after the company commences a follow-on offering. The previously-filed prospectus specified an offering of 5.6M shares at $3.60/share. (FWP)

Baltic intends to use proceeds for future vessel acquisitions.