Navios Maritime Holdings Inc. Announces Results of the Cash Tender Offer for Its Series G and Series H American Depositary Shares
GRAND CAYMAN, Cayman Islands, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”), announced today the final results of its previously announced tender offer (the “Offer”) to purchase any and all outstanding Series G American Depositary Shares (the “Series G ADSs”), and any and all of the outstanding Series H American Depository Shares (the “Series H ADSs”), pursuant to the terms and conditions set forth in the Offer to Purchase, dated October 9, 2026 (the “Offer to Purchase”), as amended.
The Offer expired at 11:59 p.m., New York City Time, on November 9, 2026. Based on the final count by Citibank, N.A., the tender agent:
- a total of 275,962 Series G ADSs, representing approximately 59% of the outstanding Series G ADSs, each representing 1/100th of a Share of the 8.75% Series G Cumulative Redeemable Perpetual Preferred Stock and
- a total of 592,668 Series H ADSs, representing approximately 59% of the outstanding Series H ADSs, each representing 1/100th of a Share of the 8.625% Series H Cumulative Redeemable Perpetual Preferred Stock,
were properly tendered and not withdrawn prior to the expiration of the Offer.
The Company will pay a total of approximately $4,415,392 in cash consideration for the tendered Series G ADSs and approximately $9,482,688 in cash consideration for the tendered Series H ADSs. Delivery of the cash consideration for the tendered Series G ADSs and/or Series H ADSs will be made promptly.
Important Notices and Additional Information
This press release is for informational purposes only. This press release is not a recommendation to buy or sell any of the Series G ADSs, Series H ADSs, the underlying preferred shares or any other securities, and it is neither an offer to purchase nor a solicitation of an offer to sell any of the Series G ADSs, Series H ADSs, the underlying preferred shares or any other securities. This press release shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. In connection with the Offer, the Company has distributed to the holders of Series G ADSs and Series H ADSs an Offer to Purchase and related documents, which fully describe the terms and conditions of the Offer. The Company made the Offer only by, and pursuant to the terms of, the Offer to Purchase, as amended. The Offer was not made in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
About Navios Maritime Holdings Inc.
Navios Maritime Holdings Inc. owns a controlling equity stake in Navios South American Logistics Inc., one of the largest infrastructure and logistics companies in the Hidrovia region of South America. For more information about Navios Holdings, please visit our website: www.navios.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and expectations, including with respect to the completion of the Offer. Although Navios Holdings believes that the expectations reflected in such forward-looking statements are reasonable at the time made, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Holdings. Actual results may differ materially from those expressed or implied by such forward-looking statements.
Navios Holdings expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Navios Holdings’ expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Contact:
Navios Maritime Holdings Inc.
+1.345.232.3067
investors@navios.com
