Piracy

• The offering of the Notes is expected to close on October 18, 2023, subject to customary closing conditions as well as our entry into certain amendments to our senior secured credit facility.
• The Notes and the related guarantees will be secured by first-priority interests in, among other things and subject to certain agreed security principles, fourteen of our vessels that will also secure our senior secured credit facility and our 8.375% senior secured notes due 2028.
• The Notes will be guaranteed by our subsidiaries that own the vessels that will secure the Notes.
• This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

• Geraghty made the announcement in Tampa just before hosting a community conversation on youth mental health with area nonprofit organizations, mental health experts and teens.
• Over the past four years, Florida Blue Foundation has awarded 51 grants totaling $16.5 million to nonprofit organizations addressing mental health needs in Florida.
• The 10 organizations receiving grants include:
  AMIkids, Inc. (Tampa Bay) - The Youth Mental Health First Aid (YMHFA) initiative provides preventative youth mental health education throughout Florida.
• Together with the Florida Association for Infant Mental Health , the Florida Center will advance mental well-being for Florida's young children and their families by helping mental health clinicians earn the credential: Endorsement for Culturally Relevant, Relationship-Focused Practice Promoting Infant and Early Childhood Mental Health®.

• Armed pirates hijacked ships as far away as 1,000 nautical miles from the Somali coast.
• The World Bank estimates that Somali pirates received more than US$400 million in ransom payments between 2005 and 2012.
• It was, therefore, generally held that the solution lay ashore: major state-building in Somalia to remove the root causes of piracy.

• What makes the Somali case special is the international community’s ability to agree to them and pay for their implementation.
• Further, Somali pirates were stopped even though the conditions onshore in Somalia didn’t improve in any major way.

Collective action

• Theoretically, the international community’s collective effort shouldn’t have happened because safety from piracy is a costly public good.
• The result is a collective action problem that’s rarely overcome in international politics.
• Our study sought to understand how and why the collective action problem was overcome.

What worked

• This induced France to take the lead in military action against the pirates.
• The US subsequently led with respect to formulating a comprehensive strategy to implement the four factors presented earlier.
• China and Russia supported the American-led strategy and launched their own naval operations because their ships were attacked as well.
• Second, the US established an institution, the Contact Group on Somali Piracy, tailor-made to formulate and implement a broad anti-piracy strategy.

Shared interests

• Somali piracy aligned great power, as well as private sector, regional and local state interests to an unusual degree.
• It was the high degree of shared interests among the many actors involved that made the Somali anti-piracy campaign so effective.

• In Wall's playful story, young Luke cannot believe his eyes when he looks from his window and sees a bulldozer outside…with his name on it!
• He can't wait to show his friend Noah and vrooms over with his best buddy, his dog Bobo.
• It is the launch series of a new children's book publisher, MamaBear Books, a family owned and operated children's book publishing company located in Austin, TX.
• Additional forthcoming picture book series include Detective Stan the Crayon Man, and their Feelings on the Farm board book series.