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Cloudberry Terminates Warrants and Aligns Key Employees with Long-term Interests

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Cloudberry Terminates Warrants and Aligns Key Employees with Long-term Interests

An update from Cloudberry Clean Energy ASA ( (DE:52K) ) is now available.

Cloudberry Clean Energy ASA has terminated 500,000 warrants and compensated three key employees who used the full compensation to purchase an additional 13,260 shares with a 3-year lock-up. This move is intended to align the key employees with the company’s long-term interests while minimizing the financial burden of exercising the warrants.

More about Cloudberry Clean Energy ASA

Cloudberry Clean Energy ASA is a renewable energy company operating in the Nordic region, focusing on the development and operation of hydropower plants and wind farms. The company aims to contribute to the energy transition towards a sustainable future by providing renewable energy solutions. Cloudberry is listed on the Oslo Stock Exchange and has a presence in Norway, Sweden, and Denmark.

YTD Price Performance: -2.93%

Average Trading Volume: 2,732

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €290.3M

For an in-depth examination of 52K stock, go to TipRanks’ Stock Analysis page.

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