Overseas Shipholding Group applies for listing of class B common stock

By Caroline Salls

Pittsburgh, Oct. 2 – Overseas Shipholding Group, Inc. has applied to list its class B common stock on NYSE MKT LLC under the symbol OSGB, according to an 8-A filed Thursday with the Securities and Exchange Commission.

The company said its authorized capital stock consists of 1,067,926,805 authorized shares of common stock, including 1 billion authorized shares of class A common stock and 7.93 million authorized shares of class B common stock, as well as 60 million shares of preferred stock.

As of Sept. 26, there were 310.42 million shares of class A common stock outstanding, 4.37 million shares of class B common stock outstanding and no shares of preferred stock outstanding. Overseas said there were 22 holders of record of class A common stock and 233 holders of record of class B common stock as of Sept. 26.

Overseas Shipholding, a New York-based tanker company, emerged from bankruptcy on Aug. 5.

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