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Clean Seas Amends Acquisition Terms with Yumbah

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Clean Seas Seafood Limited ( (AU:CSS) ) has shared an announcement.

Clean Seas Seafood Limited has amended its agreement with Yumbah Aquaculture Ltd, reducing the minimum number of shares required for shareholders to receive Yumbah’s scrip alternative. This move is part of a scheme of arrangement where Yumbah will acquire all shares of Clean Seas, potentially impacting the company’s market positioning and shareholder value.

More about Clean Seas Seafood Limited

Clean Seas Seafood Limited operates in the seafood industry, focusing on the production and distribution of premium seafood products. The company is known for its sustainable aquaculture practices and is listed on the Australian Securities Exchange (ASX).

YTD Price Performance: 60.0%

Average Trading Volume: 77,658

Technical Sentiment Signal: Buy

Current Market Cap: $16.47M

See more data about CSS stock on TipRanks’ Stock Analysis page.

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