Crown LNG Holdings ( (CGBS) ) has provided an announcement.
Crown LNG Holdings Limited, a company in the energy sector, held a special meeting on February 28, 2025, where shareholders approved a proposal for a reverse share split of the company’s ordinary shares. This decision is part of the company’s strategy to address compliance issues with Nasdaq’s minimum bid price requirement, as the company has been granted an extended compliance period until September 1, 2025, to meet the $1.00 per share minimum bid price rule.
More about Crown LNG Holdings
YTD Price Performance: -65.29%
Average Trading Volume: 18,152,981
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $109.2M
For an in-depth examination of CGBS stock, go to TipRanks’ Stock Analysis page.