EAGLE BULK SHIPPING INC. 5,400,000 Shares Common Stock ($0.01 par value per share) UNDERWRITING AGREEMENT February 28, 2007Underwriting Agreement • March 6th, 2007 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York
Eagle Bulk Shipping Inc., a Marshall Islands corporation (the “Company”), proposes to sell to UBS Securities LLC (the “Underwriter”) an aggregate of 5,400,000 shares (the “Initial Shares”) of common stock, $.01 par value (the “Common Stock”), of the Company). In addition, solely for the purpose of covering over-allotments, the Company proposes to grant to the Underwriter the option to purchase up to 810,000 shares of Common Stock (the “Additional Shares”). The Initial Shares and the Additional Shares are hereinafter collectively sometimes referred to as the “Shares.” The Shares are described in the Prospectus which is referred to below.
