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Cool Company Ltd ( (CLCO) ) has provided an announcement.
On January 9, 2026, Cool Company Ltd. announced it has completed a cash merger with a newly formed, wholly owned subsidiary of EPS Ventures Ltd., with the transaction registered in Bermuda and leaving CoolCo as the surviving entity now wholly owned by EPS and its subsidiaries. Shareholders of CoolCo common shares listed in Oslo and on the NYSE who were eligible as of the January 8, 2026 cut-off date are to receive cash consideration of $9.65 per share (or the Norwegian kroner equivalent via VPS), with payments expected to be processed around January 14, 2026, and distributions to NYSE shareholders handled through DTC; following the merger, CoolCo plans to delist from both the New York Stock Exchange and Euronext Growth Oslo and to terminate its U.S. securities registration and reporting obligations, effectively taking the company private and removing it from public equity markets.
The most recent analyst rating on (CLCO) stock is a Hold with a $9.65 price target. To see the full list of analyst forecasts on Cool Company Ltd stock, see the CLCO Stock Forecast page.
More about Cool Company Ltd
Cool Company Ltd. (CoolCo) is a foreign private issuer listed in the United States and previously traded on the New York Stock Exchange and Euronext Growth Oslo, with its principal executive office in London. The company’s shares have been held through both the Norwegian central securities depository VPS and the U.S. Depositary Trust Corporation, reflecting a shareholder base split between European and U.S. capital markets.
Average Trading Volume: 251,195
Technical Sentiment Signal: Buy
Current Market Cap: $515.1M
See more data about CLCO stock on TipRanks’ Stock Analysis page.