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AMSC Announces Liquidation and CFO Departure

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AMSC Announces Liquidation and CFO Departure

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American Shipping Company ASA ( (ASCJF) ) has provided an announcement.

American Shipping Company ASA (AMSC) has announced its decision to liquidate, with the process expected to conclude by the third quarter of 2025. As part of this process, Chief Financial Officer Morten Bakke will step down from his role but will continue to assist the company until the liquidation is finalized.

More about American Shipping Company ASA

YTD Price Performance: 32.35%

Average Trading Volume: 1,253

Technical Sentiment Signal: Strong Sell

Current Market Cap: $187.6M

For a thorough assessment of ASCJF stock, go to TipRanks’ Stock Analysis page.

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