Clean Seas Seafood Amends Acquisition Terms with Yumbah Aquaculture

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

Clean Seas Seafood Limited has announced an amendment to its Scheme Implementation Deed with Yumbah Aquaculture Ltd, which involves a change in the share exchange ratio under the scheme of arrangement. The company’s Independent Board Committee recommends shareholders vote in favor of the scheme, provided no superior proposal emerges and the scheme remains in the shareholders’ best interest. The scheme meeting is scheduled for 8 July 2025, where shareholders will decide on the proposed acquisition, which includes a cash consideration or an alternative share option.

The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Clean Seas Seafood Limited stock, see the AU:CSS Stock Forecast page.

More about Clean Seas Seafood Limited

Clean Seas Seafood Limited operates in the seafood industry, focusing on the production and sale of premium seafood products. The company is known for its sustainable aquaculture practices and market focus on high-quality seafood offerings.

Average Trading Volume: 208,974

Technical Sentiment Signal: Sell

Current Market Cap: A$28.29M

Find detailed analytics on CSS stock on TipRanks’ Stock Analysis page.