공시 • Sep 26
Crown LNG Holdings Announces Delisting of Ordinary Shares from the Nasdaq Stock Market The Nasdaq Stock Market announced that it will delist the ordinary shares of Crown LNG Holdings Limited. Crown LNG Holdings Limited’s securities were suspended on July 17, 2025 and have not traded on Nasdaq since that time. 공시 • Jul 17
Crown LNG Holdings Limited(NasdaqCM:CGBS) dropped from NASDAQ Composite Index Crown LNG Holding AS has been dropped from the NASDAQ Composite Index New Risk • Dec 06
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (US$23.8m market cap). 공시 • Aug 08
Crown LNG Holdings Limited Appoints Andrew Judson as Chairman of the Board Crown LNG Holdings Limited announced that its Board of Directors has appointed Andrew Judson to serve as Chairman of the Board, effective August 2, 2024. Mr. Judson takes over the role previously held by Jørn Husemoen, who will continue to serve as a member of the Board and Crown LNG’s Chief Financial Officer. Mr. Judson, who has served as an independent director of Crown’s Board since July 2024, possesses a wealth of experience in the finance and energy sectors. He currently serves as a Senior Advisor at Fort Capital, one of Canada’s leading independent investment banking advisory firms. Prior to joining Fort Capital, Mr. Judson was Managing Director at Camcor Partners, a Calgary based boutique Private Equity firm investing in upstream companies active in the Western Canadian Sedimentary Basin on behalf of Institutional and private LPs., from 2013 – 2018. From 2007 – 2013, Mr. Judson served as Managing Director of FirstEnergy Capital, an investment bank focused on the energy sector. In addition, Mr. Judson has served as a director of Pieridae Energy Limited since 2015 and lead director of Condor Energies Inc. since 2019. Board Change • Jul 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CFO & Chairman Jorn Husemoen was the last director to join the board, commencing their role in 2018. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jul 10
Crown Lng Holding As completed the acquisition of Catcha Investment Corp (NYSEAM:CHAA) in reverse merger transaction. Crown Lng Holding As agreed to acquire Catcha Investment Corp (NYSEAM:CHAA) for $600 million in reverse merger transaction on August 3, 2023. Catcha Investment Corp Shareholders will transfer their Company Stock to Crown in exchange for their Pro Rata Share of the Exchange Consideration, and the Exchange Consideration is a number of shares of Crown Common Stock issued by Crown equal to a Transaction Value of $600 million divided by a Per Share Price of $10.00. Catcha lavestment Corp (NYSE American: CHAA), a publicly traded special purpose acquisition company, today announced a definitive agreement for a business combination that would result in Crowa becoming a U.S. publicly listed company. The combined company, named Crown LNG Holdings Limited intends to apply to list its shares on the New York Stock Exchange under the new ticker symbol "CGBS". After the close of the transaction, the existing Crown leadership team will remain in place. Under this method of accounting, Catcha will be treated as the “acquired” company for financial reporting purposes, and Crown will be the accounting “acquirer.” This determination was primarily based on the assumption that Crown shareholders will hold the majority of the voting power. The transaction has been unanimously approved by the Boards of Directors of CHAA and Crown. Completion of the proposed transaction is subject to customary closing conditions, and is anticipated to occur in the fourth quarter of 2023. On May 21, 2024, the parties to the Business Combination Agreement entered into that certain amendment to the Business Combination Agreement pursuant to which the parties agreed to extend the date on which the Business Combination Agreement may be terminated by the parties if the conditions to the Closing have not been satisfied or waived from May 17, 2024 to June 17, 2024. As of June 12, 2024, Catcha and Crown have also agreed to extend the deadline under the Business Combination Agreement until June 28, 2024, on or before which the business combination is expected to close, and the combined company's ordinary shares and warrants are expected to commence trading on the Nasdaq Capital Market. The combined entity will be renamed Crown LNG Holdings Limited (“PubCo” or the “Company”) and, commencing on July 9, 2024. Cohen & Company Capital Markets acted as financial advisor to Catcha. Emerging Asia Capital Partners Co Ltd ("EACP") serves as financial advisors to Crown. Goodwin Procter LLP serves as legal counsel to Catcha. Nelson Mullins Riley & Scarborough LLP serves as legal counsel to Crown. Crown Lng Holding As completed the acquisition of Catcha Investment Corp (NYSEAM:CHAA) in reverse merger transaction on July 9, 2024.