Welcome to our dedicated page for Cool news (Ticker: CLCO), a resource for investors and traders seeking the latest updates and insights on Cool stock.
Cool Company Ltd. news covers the company’s transition from a public issuer to a wholly owned subsidiary of EPS following a completed cash merger registered in Bermuda. Prior updates for CLCO included shareholder voting matters, capital-structure disclosures, governance notices, and operating and financial results tied to vessel-related revenue categories such as time and voyage charter activity and vessel management fees.
Recurring company announcements also addressed long-term incentive plan matters, restricted stock unit vesting, mandatory primary-insider trade notifications, and the treatment of common shares listed on the New York Stock Exchange and Euronext Growth Oslo during the corporate-status change.
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On April 21, 2023, Cool Company Ltd. announced the filing of its Form 20-F for the year ended December 31, 2022, with the Securities and Exchange Commission in the U.S. This document is accessible via the company's website, and shareholders can request a hard copy for free. CoolCo operates as a growth-oriented owner, operator, and manager of fuel-efficient liquefied natural gas (LNG) carriers. The company utilizes an integrated, in-house vessel management platform to offer modern management and transportation solutions. CoolCo aims to leverage industry relationships for further acquisitions and pursue selective newbuild opportunities, emphasizing its commitment to decarbonization and energy security.
Cool Company Ltd. has successfully completed the sale of the Golar Seal for $184.3 million, as announced in their earlier press release dated February 20, 2023.
This transaction supports the company's strategy in the liquefied natural gas (LNG) sector, aiming to enhance operational flexibility and financial strength.
CoolCo focuses on providing modern and sustainable transportation solutions for LNG, emphasizing decarbonization and energy security.
Cool Company Ltd. (CLCO) announced that its shares will begin trading on the NYSE on March 17, 2023, following a successful regulatory review. This listing allows shares to be traded on both the NYSE and Euronext Growth Oslo. The company has also implemented a new registration structure for its shares, which simplifies their settlement, enhancing liquidity. Additionally, a trading suspension that occurred on Euronext Growth Oslo from March 15 to March 16 has now ended. CoolCo operates LNG carriers, focusing on eco-friendly energy solutions and intends to pursue further acquisitions in the sector.