2,800,000 Shares RAND LOGISTICS, INC. Common Stock ($0.0001 par value per share)Underwriting Agreement • September 21st, 2011 • Rand Logistics, Inc. • Water transportation • New York
Rand Logistics, Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell an aggregate of 2,800,000 shares (the “Firm Shares”) of its common stock $0.0001 par value (the “Common Stock”) to BB&T Capital Markets, a division of Scott & Stringfellow, LLC (the “Underwriter”). In addition, the Company proposes to grant to the Underwriter an option to purchase up to 420,000 additional shares of Common Stock (the “Optional Shares”). The Firm Shares and the Optional Shares that the Underwriter elects to purchase pursuant to Section 2 hereof are collectively called the “Shares.”
