Crown LNG Announces Filing of First Half 2024 Financial Statements on Form 6-K

Rhea-AI Summary

Crown LNG Holdings , a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has announced the filing of unaudited financial statements for its wholly owned subsidiary, Crown LNG Holding AS, for the six-month period ended June 30, 2024. The filing, submitted on Form 6-K to the U.S. Securities and Exchange Commission (SEC) on October 16, 2024, is accessible through the SEC's website.

Crown LNG reaffirms its commitment to its strategic priorities, which include:

• Advancing its India and Scotland projects towards Final Investment Decision
• Pursuing revenue-generating mergers and acquisitions
• Exploring opportunities for liquefied natural gas export facility development

These strategic objectives were previously outlined in Crown's Corporate Update, available on the company's Investor page.

Positive

• Filing of financial statements indicates transparency and compliance with regulatory requirements
• Progress on India and Scotland projects towards Final Investment Decision
• Active pursuit of revenue-generating M&A opportunities
• Exploration of LNG export facility development possibilities

Negative

• None.

LONDON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Crown LNG Holdings Limited (“Crown” or “Crown LNG” or the “Company”), a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, today announced that on October 16, 2024, Crown filed the unaudited financial statements of Crown LNG Holding AS, a wholly owned subsidiary of Crown, for the six-month period ended June 30, 2024 on Form 6-K with the U.S. Securities and Exchange Commission (“SEC”). The filing is available online through the SEC’s website.

Crown LNG continues to execute against its strategic priorities – moving its India and Scotland projects toward Final Investment Decision, pursuing revenue generating M&A, and exploring possibilities for liquefied natural gas export facility development. These priorities were laid out and discussed in the Crown’s Corporate Update, which is available on the Crown LNG Investor page here.

About Crown LNG Holdings Limited
Crown LNG is a leading provider of offshore LNG liquefaction and regasification terminal infrastructure solutions for harsh weather locations, which represent a significant addressable market for bottom-fixed, gravity based (“GBS”) liquefaction and floating storage regasification units, as well as associated green and blue hydrogen, ammonia and power projects. Through this approach, Crown aims to provide lower carbon sources of energy securely to under-served markets across the globe. Visit www.crownlng.com/investors for more information.

Crown LNG Contacts

Investors
Caldwell Bailey
ICR, Inc.
CrownLNGIR@icrinc.com

Media
Zach Gorin
ICR, Inc.
CrownLNGPR@icrinc.com

FAQ

What financial statements did Crown LNG Holdings (CGBS) file on October 16, 2024?

Crown LNG Holdings filed unaudited financial statements for its wholly owned subsidiary, Crown LNG Holding AS, for the six-month period ended June 30, 2024, on Form 6-K with the U.S. Securities and Exchange Commission.

What are the strategic priorities for Crown LNG Holdings (CGBS) as of October 2024?

Crown LNG's strategic priorities include advancing its India and Scotland projects towards Final Investment Decision, pursuing revenue-generating M&A opportunities, and exploring possibilities for liquefied natural gas export facility development.

Where can investors find Crown LNG Holdings 's (CGBS) Corporate Update?

The Corporate Update, which outlines Crown LNG's strategic priorities, is available on the Crown LNG Investor page on the company's website.

What type of technology does Crown LNG Holdings (CGBS) specialize in?

Crown LNG Holdings specializes in LNG liquefaction and regasification terminal technologies designed for harsh weather locations.