Crown LNG Holding AS Announces Completion of Business Combination with Catcha Investment Corp
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 09 2024
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Source: Newsfilter
- Business Combination: Crown LNG Holdings Limited completes a business combination with Catcha Investment Corp to enable stable, secure LNG supplies to markets in harsh weather conditions.
- Trading on Nasdaq: Crown LNG Holding AS shares and warrants will start trading on the Nasdaq under ticker symbols "CGBS" and "CGBSW," respectively, from July 9, 2024.
- Company Background: Crown LNG focuses on LNG liquefaction and regasification terminal technologies for harsh weather locations where onshore facilities are not feasible.
- Management Commentary: CEOs of Crown LNG and Catcha express pride and confidence in the company's position in the LNG market and its ability to meet global demand.
- Leadership and Advisors: The senior management team of Crown LNG will continue leading the combined entity, and various advisors have been involved in the business combination.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
