FreeSeas Inc.
Table of Contents

As filed with the Securities and Exchange Commission on October 25, 2007
File No. 333-
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM F-1
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
FREESEAS INC.
(Exact name of Registrant as specified in its charter)
         
Republic of the
Marshall Islands
   4412    Not
Applicable
         
(State or other jurisdiction of
incorporation or organization)
  Primary Standard Industrial
Classification Code Number
  (I.R.S. Employer
Identification No.)
89 Akti Miaouli & 4 Mavrokordatou Street, 185 38, Piraeus, Greece
011-30-210-452-8770
 
(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)
Broad and Cassel
Attention: A. Jeffry Robinson, P.A.
2 S. Biscayne Boulevard, 21
st Floor
Miami, Florida 33131
Telephone: (305) 373-9400
Facsimile: (305) 995-6402
 
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
     
A. Jeffry Robinson, P.A.
Broad and Cassel
2 S. Biscayne Boulevard, 21
st Floor
Miami, Florida 33131
Telephone: (305) 373-9400
Facsimile: (305) 995-6402
  Stephen P. Farrell, Esq.
Morgan, Lewis & Bockius LLP
101 Park Avenue
New York, New York 10178
Telephone: (212) 309-6000
Facsimile: (212) 309-6001
Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this Registration Statement.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the following box. o
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. þ Registration No. 333-145203
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o

 


TABLE OF CONTENTS

CALCULATION OF REGISTRATION FEE
EXPLANATION AND INCORPORATION
OF CERTAIN INFORMATION BY REFERENCE
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 8. Exhibits and Financial Statement Schedules
SIGNATURES
INDEX TO EXHIBITS
Ex-5.1 Opinion of Reeder & Simpson P.C.
Ex-23.2 Consent of PricewaterhouseCoopers S.A.


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CALCULATION OF REGISTRATION FEE
                             
 
              Proposed Maximum     Proposed Maximum     Amount of  
  Title of Each Class of     Amount     Offering Price     Aggregate     Registration  
  Securities to be Registered     to be Registered(1)     Per Security(2)     Offering Price(2)     Fee(3)  
  Common Stock, par value US $0.001 per share     1,150,000 shares     $8.25     $9,487,500     $292  
 
(1)   Includes shares of common stock, if any, that may be sold to cover the exercise of an over-allotment option granted to the underwriters.
 
(2)   Based on the proposed offering price for the shares of common stock offered hereby.
 
(3)   Calculated under Rule 457(o) of the Securities Act of 1933.
 
   
 
     This Registration Statement shall become effective upon filing with the Securities and Exchange Commission in accordance with Rule 462(b) under the Securities Act of 1933, as amended.
 
 

 


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EXPLANATION AND INCORPORATION
OF CERTAIN INFORMATION BY REFERENCE
     This Registration Statement on Form F-1 is being filed with the Securities and Exchange Commission (which we refer to as the Commission) by FreeSeas Inc., a Marshall Islands corporation (which we refer to as the Company), pursuant to Rule 462(b) under the Securities Act of 1933, as amended. This Registration Statement incorporates by reference the contents of the Company’s Registration Statement on Form F-1 (Registration No. 333-145203), which was declared effective by the Commission on October 24, 2007.

 


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PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 8. Exhibits and Financial Statement Schedules
     All exhibits filed with or incorporated by reference in Registration Statement No. 333-145203 are incorporated by reference into, and shall be deemed part of, this Registration Statement, except the following which are filed herewith:
         
Exhibit        
No.   Exhibit Description   Where Filed
 
       
5.1
  Opinion of Reeder & Simpson P.C., Marshall Islands counsel to the Registrant, as to the validity of the shares of common stock   Filed herewith
 
       
23.1
  Consent of Reeder & Simpson P.C.   Included in its opinion filed as Exhibit 5.1
 
       
23.2
  Consent of PricewaterhouseCoopers S.A.   Filed herewith
 
       
24.1
  Power of Attorney   Incorporated by reference to Registration Statement on Form F-1 (file no. 333-145203)

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SIGNATURES
     Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-1 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Piraeus, Country of Greece on October 24, 2007.
         
  FREESEAS INC.
 
 
  By:   /s/ Ion G. Varouxakis    
  Name:     Ion G. Varouxakis   
  Title:     Chairman of the Board, Chief Executive Officer and President   
 
     Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.
         
SIGNATURES   TITLE   DATE
 
       
/s/ Ion G. Varouxakis
 
Ion G. Varouxakis
  Chairman of the Board, Chief Executive Officer and President (Principal executive officer)   October 24, 2007
 
       
/s/ Dimitris D. Papadopoulos
 
Dimitris D. Papadopoulos
  Chief Financial Officer (Principal financial and accounting officer)   October 24, 2007
 
       
               *
  Vice President, Treasurer and Director   October 24, 2007
         
Kostas Koutsoubelis
       
 
       
               *
  Director   October 24, 2007
         
Matthew McCleery
       
 
       
               *
  Director   October 24, 2007
         
Focko Nauta
       
 
       
               *
  Director   October 24, 2007
         
Dimitrios Panagiotopoulos
       
         
*By:  
  /s/ Ion G. Varouxakis   October 24, 2007   
 
       
 
  Ion G. Varouxakis    
 
  as Attorney-in-Fact    

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Authorized U.S. Representative:
 
       
By: 
  A. Jeffry Robinson, P.A.    
             
     
  By:    /s/ A. Jeffry Robinson   October 24, 2007
 
           
 
      Name: A. Jeffry Robinson    
 
      Title: President    

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INDEX TO EXHIBITS
         
Exhibit No.   Exhibit Description   Where Filed
 
       
5.1
  Opinion of Reeder & Simpson P.C., Marshall Islands counsel to the Registrant, as to the validity of the shares of common stock   Filed herewith
 
       
23.1
  Consent of Reeder & Simpson P.C.   Included in its opinion filed as Exhibit 5.1
 
       
23.2
  Consent of PricewaterhouseCoopers S.A.   Filed herewith
 
       
24.1
  Power of Attorney   Incorporated by reference to Registration Statement on Form F-1 (file no. 333-145203)

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