ABG Sundal Collier acted as joint bookrunner in the IPO of Himalaya Shipping on The New York Stock Exchange

On 31 March 2023, Himalaya Shipping Ltd. (“Himalaya Shipping” or the “Company) announced the successful completion of its initial public offering (the “IPO”) on The New York Stock Exchange. The IPO comprises 7,720,000 new common shares, at a price of USD 5.80 per share, amounting to total gross proceeds of USD 44,776,000. Further, the Company granted the joint bookrunners an overallotment option of additional up to 1,158,000 common shares, which may be exercised during the 30-day period. Total gross proceeds of the IPO amounts to USD 51,492,400 assuming the over-allotment option will be exercised in full.
Himalaya Shipping’s common shares have been approved for listing on the New York Stock Exchange under the symbol “HSHP.” Himalaya Shipping will continue to be listed on the Euronext Expand in Norway under the ticker “HSHP”.