SEACOR Marine Holdings Inc（SMHI）资讯与事件SMHISEACOR Marine Holdings Inc

Seacor Marine Evaluates Strategic Alternatives to Maximize Shareholder Value

Separately, Seacor Marine announced that its board is evaluating potential strategic alternatives to maximize shareholder value. During the review process, the board expects to evaluate a range of strategic alternatives that may include a sale of the vompany, merger, other business combinations, sale of assets, or other transactions aimed at maximizing value for shareholders. The Board has retained independent financial advisors to assist in evaluating strategic alternatives. The board and management team remain fully committed to acting in the best interests of the company and its stakeholders throughout this evaluation process. Andrew R. Morse, Non-Executive Chairman of the Board, commented: "Over the past several years, the Company has worked diligently to optimize its fleet, strengthen its balance sheet and position SEACOR Marine to benefit from improving offshore market fundamentals. Given the progress we have made and the opportunities we see ahead, the Board and management team are eager to evaluate a range of strategic alternatives to determine the best path forward for maximizing shareholder value. Throughout this process, the team remains focused on executing our strategy, serving our customers and delivering safe and reliable operations worldwide. Our employees, customers, and business partners should expect business as usual as we continue to execute on our operating and financial objectives."

Seacor Marine Shareholder Calls for Asset Monetization

Yoav Saffar, a long-term shareholder who represents approximately 3.5% of the outstanding shares of Seacor Marine, announced that he has delivered a letter to the company's Board of Directors urging it to immediately initiate a monetization process of the company's fleet aimed at maximizing shareholder value. The letter, titled 'The Time has Come,' highlights that despite one of the strongest offshore support vessel markets in years, Seacor Marine continues to trade at a substantial discount to the intrinsic value of its fleet and other assets. Saffar believes that while management successfully navigated one of the industry's most difficult downturns, the company's current capital structure and limited scale have constrained its ability to translate favorable market conditions into shareholder returns. Saffar also outlines his belief that the company's young premium platform supply vessel fleet, specialized fast support vessel fleet and Middle East liftboats represent valuable assets that are not adequately reflected in the company's current market valuation. He references third-party vessel valuations, recent offshore vessel sales and multi-year charter contracts as evidence that the underlying asset value materially exceeds the current share price. Saffar believes that improving offshore market fundamentals, rising day rates and recent vessel transactions have created an attractive environment for the company to pursue strategic alternatives that could unlock significant value for shareholders. The letter urges the Board to promptly evaluate strategic alternatives, including monetizing selected assets and exploring opportunities to maximize value for all shareholders while market conditions remain favorable.

SEACOR Marine Largest Shareholder Calls for Strategic Alternatives Evaluation

Jorey Chernett, Founder of Pointilist Family Office and the largest shareholder of SEACOR Marine Holdings, owning approximately 7.2% of outstanding shares, delivered a letter to the SMHI Board of Directors calling for the evaluation of strategic alternatives, including an orderly sale of the Company or a dual-track fleet sale. The announcement said, "The letter addresses the severe discount to NAV, which has a broker-appraised value of greater than $20.00 per share, and the extreme structural value dislocation due to operational and utilization failures at SEACOR Marine. Chernett also outlines a disciplined, sequential strategy to unlock value for shareholders. Specifically: SEACOR Marine currently trades at a public market capitalization of approximately $181M, while SEACOR has an enterprise value of more than $1B that is not being captured. This equity valuation represents an egregious discount to the Net Asset Value. To generate Free Cash Flow representative of the value of the Company's modern fleet, execution and operational management must improve materially. Specifically, corporate overhead must be cut aggressively and immediately to preserve vital cash runway and demonstrate to the market that management is finally aligned with shareholder reality. Management must execute the immediate sale to a regional operator or relocate the premium liftboats in the Middle East out of the region now to maintain operational flexibility while contemporaneously pursuing a sale. Cash proceeds from the immediate liftboat transactions and G&A savings must be directed toward paying off a large portion of the outstanding debt. The Company's current interest expense is an unsustainable drain, costing shareholders approximately $100,000 per day. The Board must pursue a sale of the highly desirable and clean fleet of PSVs and FSVs to a strategic buyer fleet for either cash or stock of the acquirer. Preserving these segments together ensures maximum leverage with strategic suitors, who can acquire the core fleet for either cash or stock of the acquirer."