Cmb.Tech Stock Price, News & Analysis

CMB.TECH (NYSE: CMBT) has announced it will release its Q2 2025 earnings report before market opening on August 28, 2025, followed by a conference call at 8 a.m. EST / 2 p.m. CET. The announcement comes amid a pending stock-for-stock merger with Golden Ocean Group Limited.

Due to the merger's proximity, CMB.TECH indicates that preliminary, unaudited Q2 2025 figures will be provided, though these are subject to finalisation and may change upon the official release. The conference call will be conducted via webcast with an accompanying slideshow presentation, with both phone and web attendance options available.

CMB.TECH (NYSE: CMBT) has provided an update on its planned stock-for-stock merger with Golden Ocean Group Limited (NASDAQ: GOGL). The merger will see Golden Ocean merge with CMB.TECH Bermuda Ltd., a wholly-owned subsidiary of CMB.TECH.

Key terms include an exchange ratio of 0.95 CMB.TECH ordinary shares for each Golden Ocean common share, resulting in approximately 95,952,934 new CMB.TECH ordinary shares to be issued. Golden Ocean will hold a special general meeting on August 19, 2025, to vote on the merger approval.

Subject to shareholder approval and other conditions, the merger is expected to close around August 20, 2025, marking the first trading day for new shares on NYSE, Euronext Brussels, and Euronext Oslo Børs. The company has noted receipt of demand letters regarding additional disclosure and potential dissenting shareholder actions.

CMB.TECH (NYSE: CMBT) has provided an update on its stock-for-stock merger with Golden Ocean Group Limited (NASDAQ: GOGL). The merger will exchange Golden Ocean shares for 0.95 CMB.TECH ordinary shares per Golden Ocean share, resulting in approximately 95.9 million new CMB.TECH shares being issued.

Golden Ocean will hold a special general meeting on August 19, 2025, with the merger expected to complete around August 20, 2025. Post-merger, CMB.TECH shareholders will own approximately 70% of the combined company, while Golden Ocean shareholders will hold 30%. The merger will create one of the largest listed diversified maritime groups globally, with a combined fleet of approximately 250 vessels.

The transaction has received German antitrust clearance and SEC registration effectiveness. Golden Ocean will delist from Nasdaq and Oslo Børs, while CMB.TECH will maintain NYSE and Euronext Brussels listings and pursue an Oslo Børs secondary listing.

CMB.TECH NV and Golden Ocean Group Limited have announced a significant stock-for-stock merger agreement. Under the terms, Golden Ocean will merge with CMB.TECH Bermuda, a wholly-owned subsidiary of CMB.TECH. Golden Ocean shareholders will receive 0.95 CMB.TECH ordinary shares for each Golden Ocean share. The merger will result in CMB.TECH issuing approximately 95,952,934 new ordinary shares. Post-merger, CMB.TECH shareholders will own about 70% of the combined company, while Golden Ocean shareholders will hold 30%. The merger will create one of the largest listed diversified maritime groups globally, with a combined fleet of approximately 250 vessels. The transaction, unanimously approved by both companies' boards, is expected to complete in Q3 2025, subject to regulatory approvals and other customary conditions.

CMB.TECH (NYSE & Euronext: CMBT) held its General Meeting of Shareholders on May 22, 2025, where shareholders approved the annual accounts for the fiscal year 2024 along with all other proposed resolutions. Key highlights include the reappointment of Julie De Nul as an independent Supervisory Board member and a change in board composition where Mr. Patrick Molis resigned as an independent board member, being replaced by Compagnie Nationale de Navigation S.A.S., which will be permanently represented by Mr. Molis himself. The company also announced that its Q2 2025 results will be released on August 28, 2025.

CMB.TECH (NYSE & Euronext: CMBT) has scheduled its Q1 2025 earnings release for Thursday, May 21, 2025, before market opening. The company will host a conference call and webcast at 8:00 AM EST / 2:00 PM CET to discuss the quarterly results.

The earnings presentation will include an audio webcast with user-controlled slide presentation. Participants can access the event through Microsoft Teams, and those unable to pre-register can join via telephone using conference ID: 840 280 658#. The presentation materials, recording, and transcript will be available on the company's Investor Relations webpage.

CMB.TECH has announced several significant business updates. The company recently signed a term sheet for a stock-for-stock merger with Golden Ocean, where CMB.TECH will be the surviving entity. Following this announcement, both companies hosted Capital Markets Days in Antwerp (April 24) and Oslo (April 29).

In a strategic fleet rejuvenation move, CMB.TECH has sold three VLCCs: Iris (2012, 314,000 dwt), Hakata (2010, 302,550 dwt), and Hakone (2010, 302,624 dwt). These sales resulted in a substantial capital gain of 96.7 million USD. The vessels will be transferred to their new owners during 2025.

Due to the upcoming consolidation of Golden Ocean's financial results, CMB.TECH has revised its earnings announcement schedule. The Q1 2025 results will be released on May 21, 2025, while Q2 2025 earnings will be announced on August 28, 2025.

CMB.TECH (NYSE: CMBT) and Golden Ocean (NASDAQ: GOGL) have announced a significant stock-for-stock merger agreement, with CMB.TECH as the surviving entity. The merger terms specify an exchange ratio of 0.95 CMB.TECH shares for each Golden Ocean share, creating one of the largest diversified listed maritime groups globally.

Upon completion, CMB.TECH shareholders will own approximately 70% of the combined company, while Golden Ocean shareholders will hold 30%. The merged entity will operate a fleet of more than 250 vessels with a combined fleet value exceeding $11 billion. The merger is expected to be completed in Q3 2025, subject to regulatory approvals and shareholder consent.

Post-merger, Golden Ocean will delist from NASDAQ and Euronext Oslo Børs, while CMB.TECH will maintain its NYSE and Euronext Brussels listings, pursuing a secondary listing on Euronext Oslo Børs. The company will focus on fleet decarbonization and expanding its maritime operations.

CMB.TECH (NYSE & Euronext: CMBT) has announced its upcoming Annual General Meeting, Special General Meeting, and Extraordinary General Meeting scheduled for May 22, 2025 at 10:00 AM CET in Antwerp. The meetings will address several key agenda items including:

• Financial reports and accounts approval for 2024
• Board member changes including reappointment of Julie De Nul and resignation of Patrick Molis
• Authorization for share capital increases
• Approval of control clause changes in credit agreements
• Renewal of share buyback authorization

A freeze period for share repositioning between Belgian and U.S. registers is set from May 7, 2025 (8:00 AM Belgian time) to May 9, 2025 (8:00 AM Belgian time). The company will announce Q1 2025 results on May 14, 2025.