Crown LNG Holdings Ltd. to Be Delisted from Nasdaq, Trading Suspended from July 17, 2025; Company Plans Move to Over-the-Counter Markets

Reuters07-17

Crown LNG Holdings Ltd. to Be Delisted from Nasdaq, Trading Suspended from July 17, 2025; Company Plans Move to Over-the-Counter Markets

Crown LNG Holdings Ltd., a private limited company based in Jersey, Channel Islands, is set to be delisted from The Nasdaq Stock Market. This decision follows the company's noncompliance with certain Nasdaq listing rules. As a result, trading of its ordinary shares will be suspended at the open of trading on July 17, 2025. Crown LNG Holdings Ltd. has decided not to request a review of this decision, citing various factors such as the need for a seamless transition and potential resource expenditures in addressing compliance issues. The company plans to move its ordinary shares to the over-the-counter markets as an interim measure to resume trading. Additionally, the company's board is evaluating whether to implement a previously approved reverse share split.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown LNG Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-159888), on July 16, 2025, and is solely responsible for the information contained therein.

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