Navios Containers seeks to list on a U.S. stock exchange
As previously announced, Navios Maritime Containers Inc., a Marshall Islands corporation, is seeking to list on a U . S . stock exchange. Immediately prior to the proposed listing, Navios Containers will convert into a limited partnership named Navios Maritime Containers L.P. organized under the laws of the Republic of the Marshall Islands.
In connection with the conversion, all of Navios Containers ’ common shares will convert into limited partnership units at a one - to - one conversion ratio.
The common shares of Navios Containers currently trade on the Norwegian OTC List. At least three business days prior to the conversion, the common shares of Navios Containers will cease trading on the Norwegian OTC List. The dates of the halt and termination of trading on the Norwegian OTC List, and conversion, shall be provided in separate notices.