{"success":true,"data":{"pressRelease":{"id":"165773","rtpr_id":"nGNX82RNm-20261009","ticker":"4FAP","exchange":"","all_tickers":["4FAP"],"title":"Star Bulk Carriers Corp. Announces Renewal of Existing ATM Equity Offering Programs","author":"Globe Newswire","published_at":"2026-10-09T20:59:00.100Z","article_body":"ATHENS, Greece, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp.\n(the \"Company\" or “Star Bulk”) (Nasdaq & Euronext Athens: SBLK) today\nannounced the renewal of its existing At-The-Market (“ATM”) equity\noffering programs, originally established in July 2021 and previously amended\nand restated in April 2022. The renewal follows the expiration of the shelf\nregistration statement under which the existing programs were established. The\nrenewal is solely due to passage of time and does not constitute an expansion\nof the existing ATM programs.\n\nIn connection with the renewal, the Company has entered into (i) a Second\nAmended and Restated ATM Sales Agreement with Deutsche Bank Securities Inc.\nfor the offer and sale of up to $41,371,110 of common shares of the Company\n(the “Deutsche Bank Sales Agreement”) and (ii) a Second Amended and\nRestated ATM Sales Agreement with Jefferies LLC for the offer and sale of up\nto $75,000,000 of common shares of the Company (the “Jefferies Sales\nAgreement” and, together with the Deutsche Bank Sales Agreement, the\n“Second Amended and Restated Sales Agreements”).\n\nThe amounts available for offer and sale under the Second Amended and Restated\nSales Agreements, equal the unused capacity remaining under the existing\nprograms at the time of termination. They do not increase the size of the\nprograms. The renewal does not reflect any change in Star Bulk's policy or\nstrategy.\n\nThis press release does not constitute an offer to sell or the solicitation of\nan offer to buy securities and shall not constitute an offer, solicitation or\nsale in any jurisdiction in which such offer, solicitation or sale is\nunlawful. The two ATM programs are being conducted by means of separate\nprospectus supplements and the accompanying prospectuses, in accordance with\nthe terms of the separate Second Amended and Restated Sales Agreements. Two\nseparate prospectus supplements relating to each of the ATM programs have been\nfiled with the Securities and Exchange Commission. Copies of the prospectus\nand prospectus supplement relating to the offering with Deutsche Bank may be\nobtained from the offices of Deutsche Bank Securities Inc., Attention:\nProspectus Department, 1 Columbus Circle, New York NY, 10019, by telephone at\n1-800-503-4611 or by email at prospectus.cpdg@db.com. Copies of the prospectus\nand prospectus supplement relating to the offering with Jefferies may be\nobtained from the offices of Jefferies LLC, Attention: Equity Syndicate\nProspectus Department, 520 Madison Avenue, New York, NY 10022, by telephone:\n1-877-821-7388 or by email: Prospectus_Department@Jefferies.com.\n\nAbout Star Bulk\n\nStar Bulk is a global shipping company providing worldwide seaborne\ntransportation solutions in the dry bulk sector. Star Bulk’s vessels\ntransport major bulks, which include iron ore, minerals and grain, and minor\nbulks, which include bauxite, fertilizers and steel products. Star Bulk was\nincorporated in the Marshall Islands on December 13, 2006 and maintains\nexecutive offices in Athens, New York, Stamford and Singapore. Its common\nshares trade on the Nasdaq Global Select Market and Euronext Athens under the\nsymbol “SBLK”. As of the date of this release on a fully delivered basis\nand as adjusted for the delivery of the three firm Kamsarmax vessels currently\nunder construction, we own a fleet of 138 vessels, with an aggregate capacity\nof 13.8 million dwt consisting of 17 Newcastlemax, 14 Capesize, 7 Post\nPanamax, 42 Kamsarmax, 47 Ultramax and 11 Supramax vessels with carrying\ncapacities between 55,569 dwt and 209,537 dwt.\n\nForward-Looking Statements\n\nMatters discussed in this press release may constitute forward looking\nstatements. The Private Securities Litigation Reform Act of 1995 provides safe\nharbor protections for forward-looking statements in order to encourage\ncompanies to provide prospective information about their business.\nForward-looking statements include statements concerning plans, objectives,\ngoals, strategies, future events or performance, shareholder return targets\nand underlying assumptions and other statements, which are other than\nstatements of historical facts.\n\nWe desire to take advantage of the safe harbor provisions of the Private\nSecurities Litigation Reform Act of 1995 and are including this cautionary\nstatement in connection with this safe harbor legislation. Words such as, but\nnot limited to, “believe,” “expect,” “anticipate,” “estimate,”\n“intend,” “plan,” “targets,” “projects,” “likely,”\n“will,” “would,” “could,” “should,” “may,”\n“forecasts,” “potential,” “continue,” “possible” and similar\nexpressions or phrases may identify forward-looking statements.\n\nThe forward-looking statements in this press release are based upon various\nassumptions, many of which are based, in turn, upon further assumptions,\nincluding without limitation, examination by our management of historical\noperating trends, data contained in our records and other data available from\nthird parties. Although we believe that these assumptions were reasonable when\nmade, because these assumptions are inherently subject to significant\nuncertainties and contingencies which are difficult or impossible to predict\nand are beyond our control, we cannot assure you that we will achieve or\naccomplish these expectations, beliefs or projections.\n\nIn addition, other important factors that, in our view, could cause actual\nresults to differ materially from those discussed in the forward-looking\nstatements include general dry bulk shipping market conditions, including\nfluctuations in charter rates and vessel values; the strength of world\neconomies; the stability of Europe and the Euro; fluctuations in currencies,\ninterest rates and foreign exchange rates; business disruptions due to natural\nand other disasters or otherwise, such as the impact of any future epidemics;\nthe length and severity of epidemics and pandemics and their impact on the\ndemand for seaborne transportation in the dry bulk sector; changes in supply\nand demand in the dry bulk shipping industry, including the market for our\nvessels and the number of new buildings under construction; the potential for\ntechnological innovation in the sector in which we operate and any\ncorresponding reduction in the value of our vessels or the charter income\nderived therefrom; changes in our expenses, including bunker prices, dry\ndocking, crewing and insurance costs; changes in governmental rules and\nregulations or actions taken by regulatory authorities; the impact of current\nand potential additional trade tariffs on global trade and demand for dry bulk\nshipping; the risk that trade disputes between U.S. and Chinese officials\ncould result in the reimplementation of significant port fees that may impact\nour fleet; potential liability from pending or future litigation and potential\ncosts due to environmental damage and vessel collisions; the impact of\nincreasing scrutiny and changing expectations from investors, lenders,\ncharterers and other market participants with respect to our Environmental,\nSocial and Governance (“ESG”) practices; our ability to carry out our ESG\ninitiatives and thereby meet our ESG goals and targets; new environmental\nregulations and restrictions, whether at a global level stipulated by the\nInternational Maritime Organization, and/or regional/national imposed by\nregional authorities such as the European Union or individual countries;\npotential cyber-attacks which may disrupt our business operations; general\ndomestic and international political conditions or events, including, among\nothers, “trade wars”, the ongoing conflict between Russia and Ukraine, the\nconflict between Israel and Hamas, the conflict between the United States,\nIsrael and Iran and the attacks in the Strait of Hormuz, the Red Sea and the\nGulf of Aden; the impact on our common shares and reputation if our vessels\nwere to call on ports located in countries that are subject to restrictions\nimposed by the U.S. or other governments; our ability to successfully compete\nfor, enter into and deliver our vessels under time charters or other\nemployment arrangements for our existing vessels after our current charters\nexpire and our ability to earn income in the spot market; potential physical\ndisruption of shipping routes due to accidents, climate-related reasons (acute\nand chronic), political events, public health threats, international\nhostilities and armed conflicts, piracy or acts by terrorists; the\navailability of financing and refinancing; the failure of our contract\ncounterparties to meet their obligations; our ability to meet requirements for\nadditional capital and financing to complete our newbuilding program and grow\nour business; the impact of our indebtedness and the compliance with the\ncovenants included in our debt agreements; vessel breakdowns and instances of\noff-hire; potential exposure or loss from investment in derivative\ninstruments; potential conflicts of interest involving our Chief Executive\nOfficer, his family and other members of our senior management; our ability to\ncomplete acquisition transactions or secondhand vessel purchases as and when\nplanned and upon the expected terms; and the impact of port or canal\ncongestion or disruptions. Please see our filings with the Securities and\nExchange Commission for a more complete discussion of these and other risks\nand uncertainties. The information set forth herein speaks only as of the date\nhereof, and the Company disclaims any intention or obligation to update any\nforward-looking statements as a result of developments occurring after the\ndate of this communication.\n\nContacts\n\n Company: Simos Spyrou, Christos Begleris Co - Chief Financial Officers Star Bulk Carriers Corp. c/o Star Bulk Management Inc. 40 Ag. Konstantinou Av. Maroussi 15124 Athens, Greece Email: ir@starbulk.com  Investor Relations / Financial Media: Nicolas Bornozis President Capital Link, Inc. Tel. (212) 661-7566  Anna Wichmann Capital Link Athens Tel. +30-210-6109-800 E-mail: starbulk@capitallink.com  \n\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f8007803-6b56-4186-8124-8c4d59c188e7)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX82RNm-20261009","title":"Star Bulk Carriers Corp. Announces Renewal of Existing ATM Equity Offering Programs","author":"Globe Newswire","ticker":"4FAP","created":"2026-10-09T20:59:00.100Z","tickers":["4FAP"],"exchange":"","article_body":"ATHENS, Greece, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp.\n(the \"Company\" or “Star Bulk”) (Nasdaq & Euronext Athens: SBLK) today\nannounced the renewal of its existing At-The-Market (“ATM”) equity\noffering programs, originally established in July 2021 and previously amended\nand restated in April 2022. The renewal follows the expiration of the shelf\nregistration statement under which the existing programs were established. The\nrenewal is solely due to passage of time and does not constitute an expansion\nof the existing ATM programs.\n\nIn connection with the renewal, the Company has entered into (i) a Second\nAmended and Restated ATM Sales Agreement with Deutsche Bank Securities Inc.\nfor the offer and sale of up to $41,371,110 of common shares of the Company\n(the “Deutsche Bank Sales Agreement”) and (ii) a Second Amended and\nRestated ATM Sales Agreement with Jefferies LLC for the offer and sale of up\nto $75,000,000 of common shares of the Company (the “Jefferies Sales\nAgreement” and, together with the Deutsche Bank Sales Agreement, the\n“Second Amended and Restated Sales Agreements”).\n\nThe amounts available for offer and sale under the Second Amended and Restated\nSales Agreements, equal the unused capacity remaining under the existing\nprograms at the time of termination. They do not increase the size of the\nprograms. The renewal does not reflect any change in Star Bulk's policy or\nstrategy.\n\nThis press release does not constitute an offer to sell or the solicitation of\nan offer to buy securities and shall not constitute an offer, solicitation or\nsale in any jurisdiction in which such offer, solicitation or sale is\nunlawful. The two ATM programs are being conducted by means of separate\nprospectus supplements and the accompanying prospectuses, in accordance with\nthe terms of the separate Second Amended and Restated Sales Agreements. Two\nseparate prospectus supplements relating to each of the ATM programs have been\nfiled with the Securities and Exchange Commission. Copies of the prospectus\nand prospectus supplement relating to the offering with Deutsche Bank may be\nobtained from the offices of Deutsche Bank Securities Inc., Attention:\nProspectus Department, 1 Columbus Circle, New York NY, 10019, by telephone at\n1-800-503-4611 or by email at prospectus.cpdg@db.com. Copies of the prospectus\nand prospectus supplement relating to the offering with Jefferies may be\nobtained from the offices of Jefferies LLC, Attention: Equity Syndicate\nProspectus Department, 520 Madison Avenue, New York, NY 10022, by telephone:\n1-877-821-7388 or by email: Prospectus_Department@Jefferies.com.\n\nAbout Star Bulk\n\nStar Bulk is a global shipping company providing worldwide seaborne\ntransportation solutions in the dry bulk sector. Star Bulk’s vessels\ntransport major bulks, which include iron ore, minerals and grain, and minor\nbulks, which include bauxite, fertilizers and steel products. Star Bulk was\nincorporated in the Marshall Islands on December 13, 2006 and maintains\nexecutive offices in Athens, New York, Stamford and Singapore. Its common\nshares trade on the Nasdaq Global Select Market and Euronext Athens under the\nsymbol “SBLK”. As of the date of this release on a fully delivered basis\nand as adjusted for the delivery of the three firm Kamsarmax vessels currently\nunder construction, we own a fleet of 138 vessels, with an aggregate capacity\nof 13.8 million dwt consisting of 17 Newcastlemax, 14 Capesize, 7 Post\nPanamax, 42 Kamsarmax, 47 Ultramax and 11 Supramax vessels with carrying\ncapacities between 55,569 dwt and 209,537 dwt.\n\nForward-Looking Statements\n\nMatters discussed in this press release may constitute forward looking\nstatements. The Private Securities Litigation Reform Act of 1995 provides safe\nharbor protections for forward-looking statements in order to encourage\ncompanies to provide prospective information about their business.\nForward-looking statements include statements concerning plans, objectives,\ngoals, strategies, future events or performance, shareholder return targets\nand underlying assumptions and other statements, which are other than\nstatements of historical facts.\n\nWe desire to take advantage of the safe harbor provisions of the Private\nSecurities Litigation Reform Act of 1995 and are including this cautionary\nstatement in connection with this safe harbor legislation. Words such as, but\nnot limited to, “believe,” “expect,” “anticipate,” “estimate,”\n“intend,” “plan,” “targets,” “projects,” “likely,”\n“will,” “would,” “could,” “should,” “may,”\n“forecasts,” “potential,” “continue,” “possible” and similar\nexpressions or phrases may identify forward-looking statements.\n\nThe forward-looking statements in this press release are based upon various\nassumptions, many of which are based, in turn, upon further assumptions,\nincluding without limitation, examination by our management of historical\noperating trends, data contained in our records and other data available from\nthird parties. Although we believe that these assumptions were reasonable when\nmade, because these assumptions are inherently subject to significant\nuncertainties and contingencies which are difficult or impossible to predict\nand are beyond our control, we cannot assure you that we will achieve or\naccomplish these expectations, beliefs or projections.\n\nIn addition, other important factors that, in our view, could cause actual\nresults to differ materially from those discussed in the forward-looking\nstatements include general dry bulk shipping market conditions, including\nfluctuations in charter rates and vessel values; the strength of world\neconomies; the stability of Europe and the Euro; fluctuations in currencies,\ninterest rates and foreign exchange rates; business disruptions due to natural\nand other disasters or otherwise, such as the impact of any future epidemics;\nthe length and severity of epidemics and pandemics and their impact on the\ndemand for seaborne transportation in the dry bulk sector; changes in supply\nand demand in the dry bulk shipping industry, including the market for our\nvessels and the number of new buildings under construction; the potential for\ntechnological innovation in the sector in which we operate and any\ncorresponding reduction in the value of our vessels or the charter income\nderived therefrom; changes in our expenses, including bunker prices, dry\ndocking, crewing and insurance costs; changes in governmental rules and\nregulations or actions taken by regulatory authorities; the impact of current\nand potential additional trade tariffs on global trade and demand for dry bulk\nshipping; the risk that trade disputes between U.S. and Chinese officials\ncould result in the reimplementation of significant port fees that may impact\nour fleet; potential liability from pending or future litigation and potential\ncosts due to environmental damage and vessel collisions; the impact of\nincreasing scrutiny and changing expectations from investors, lenders,\ncharterers and other market participants with respect to our Environmental,\nSocial and Governance (“ESG”) practices; our ability to carry out our ESG\ninitiatives and thereby meet our ESG goals and targets; new environmental\nregulations and restrictions, whether at a global level stipulated by the\nInternational Maritime Organization, and/or regional/national imposed by\nregional authorities such as the European Union or individual countries;\npotential cyber-attacks which may disrupt our business operations; general\ndomestic and international political conditions or events, including, among\nothers, “trade wars”, the ongoing conflict between Russia and Ukraine, the\nconflict between Israel and Hamas, the conflict between the United States,\nIsrael and Iran and the attacks in the Strait of Hormuz, the Red Sea and the\nGulf of Aden; the impact on our common shares and reputation if our vessels\nwere to call on ports located in countries that are subject to restrictions\nimposed by the U.S. or other governments; our ability to successfully compete\nfor, enter into and deliver our vessels under time charters or other\nemployment arrangements for our existing vessels after our current charters\nexpire and our ability to earn income in the spot market; potential physical\ndisruption of shipping routes due to accidents, climate-related reasons (acute\nand chronic), political events, public health threats, international\nhostilities and armed conflicts, piracy or acts by terrorists; the\navailability of financing and refinancing; the failure of our contract\ncounterparties to meet their obligations; our ability to meet requirements for\nadditional capital and financing to complete our newbuilding program and grow\nour business; the impact of our indebtedness and the compliance with the\ncovenants included in our debt agreements; vessel breakdowns and instances of\noff-hire; potential exposure or loss from investment in derivative\ninstruments; potential conflicts of interest involving our Chief Executive\nOfficer, his family and other members of our senior management; our ability to\ncomplete acquisition transactions or secondhand vessel purchases as and when\nplanned and upon the expected terms; and the impact of port or canal\ncongestion or disruptions. Please see our filings with the Securities and\nExchange Commission for a more complete discussion of these and other risks\nand uncertainties. The information set forth herein speaks only as of the date\nhereof, and the Company disclaims any intention or obligation to update any\nforward-looking statements as a result of developments occurring after the\ndate of this communication.\n\nContacts\n\n Company: Simos Spyrou, Christos Begleris Co - Chief Financial Officers Star Bulk Carriers Corp. c/o Star Bulk Management Inc. 40 Ag. Konstantinou Av. Maroussi 15124 Athens, Greece Email: ir@starbulk.com  Investor Relations / Financial Media: Nicolas Bornozis President Capital Link, Inc. Tel. (212) 661-7566  Anna Wichmann Capital Link Athens Tel. +30-210-6109-800 E-mail: starbulk@capitallink.com  \n\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f8007803-6b56-4186-8124-8c4d59c188e7)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-09T20:59:00.138158234Z","server_sent_at_ms":1791579540138},"received_at":"2026-10-09T20:59:00.191Z","source_url":null},"analysis":{"id":"154159","press_release_id":"165773","analysis_json":{"industry":{"label":"Marine Transportation","sector":"Industrials"},"redFlags":[],"eventType":"offering","narrative":"Star Bulk Carriers renewed its existing At-The-Market equity offering programs with Deutsche Bank Securities and Jefferies, following expiration of the underlying shelf registration.\n\nThe renewal reflects remaining unused capacity of up to $41.4 million with Deutsche Bank and up to $75 million with Jefferies; the company states the programs are not enlarged and its policy is unchanged.\n\nBecause no shares are being sold and no capacity is added, this is a routine administrative filing rather than a new dilution event.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Housekeeping ATM renewal -- no new dilution, suppress unless ATM sales materialize."},"keyFigures":{"customDimensions":{"fleet_vessels":138,"db_atm_capacity":41371110,"fleet_capacity_dwt":"13.8 million","jefferies_atm_capacity":75000000}},"namedEntities":{"people":[{"name":"Simos Spyrou","role":"Co-Chief Financial Officer"},{"name":"Christos Begleris","role":"Co-Chief Financial Officer"},{"name":"Nicolas Bornozis","role":"President, Capital Link (IR)"}],"products":[],"companies":[{"name":"Star Bulk Carriers Corp.","ticker":"SBLK","relationship":"filer"},{"name":"Deutsche Bank Securities Inc.","relationship":"ATM sales agent"},{"name":"Jefferies LLC","relationship":"ATM sales agent"},{"name":"Capital Link, Inc.","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$41,371,110","context":"Deutsche Bank ATM sales agreement capacity"},{"amount":"$75,000,000","context":"Jefferies ATM sales agreement capacity"}]},"materialImpact":{"score":1,"reasoning":"Purely administrative renewal of existing ATM programs due to shelf registration expiration; explicitly no expansion of program size and no change in strategy. Remaining capacity ($41.4M Deutsche Bank + $75M Jefferies) equals prior unused amounts."},"tickerRelevance":{"others":[{"ticker":"SBLK","relevance":"mentioned"}],"primary":"4FAP"},"globalImportance":12,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"administrative-atm-renewal","noNewCapacity":true,"issuerAuthored":true}},"event_type":"offering","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Star Bulk Carriers renewed its existing At-The-Market equity offering programs with Deutsche Bank Securities and Jefferies, following expiration of the underlying shelf registration.\n\nThe renewal reflects remaining unused capacity of up to $41.4 million with Deutsche Bank and up to $75 million with Jefferies; the company states the programs are not enlarged and its policy is unchanged.\n\nBecause no shares are being sold and no capacity is added, this is a routine administrative filing rather than a new dilution event.","key_figures":{"customDimensions":{"fleet_vessels":138,"db_atm_capacity":41371110,"fleet_capacity_dwt":"13.8 million","jefferies_atm_capacity":75000000}},"named_entities":{"people":[{"name":"Simos Spyrou","role":"Co-Chief Financial Officer"},{"name":"Christos Begleris","role":"Co-Chief Financial Officer"},{"name":"Nicolas Bornozis","role":"President, Capital Link (IR)"}],"products":[],"companies":[{"name":"Star Bulk Carriers Corp.","ticker":"SBLK","relationship":"filer"},{"name":"Deutsche Bank Securities Inc.","relationship":"ATM sales agent"},{"name":"Jefferies LLC","relationship":"ATM sales agent"},{"name":"Capital Link, Inc.","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$41,371,110","context":"Deutsche Bank ATM sales agreement capacity"},{"amount":"$75,000,000","context":"Jefferies ATM sales agreement capacity"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-09T20:59:05.204Z","global_importance":12,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap","eventGravity":"administrative-atm-renewal","noNewCapacity":true,"issuerAuthored":true}},"durationMs":4984,"modelName":"glm-5.3-flashx"}}