Euroseas Ltd. just filed a General Statement of acquisition of beneficial ownership

The following excerpt is from the company's filing:

Item5.Interest in Securities of the Issuer.

(a)-(b)The Common Shares identified pursuant to Item1 constitute approximately 27.5% of the Common Shares outstanding based on (i)45,511,005 Common Shares outstanding as of September30, 2013 as reported by the Issuer in its Current Report on Form 6-K filed with the SEC on November12, 2013, and (ii)17,241,379 Common Shares issuable upon conversion of the Series B Preferred Shares, computed in accordance with Rule 13d-3(d)(1). The Reporting Person has sole voting and dispositive power over the Common Shares.

(c)There have been no purchases or sales of the Common Shares during the past 60 days by the Reporting Person (or its affiliates).

(d)-(e)Not applicable.

Item6.Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

The information set forth in Item3 and Item4 above is incorporated by reference in its entirety in this Item6. Except for the Securities Purchase Agreement, the Statement of Designation and the Registration Rights Agreement, the Reporting Person does not have any contract, arrangement, understanding or relationship with any person with respect to securities of the Issuer.

Item7.Material to be Filed as Exhibits.


The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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