CoolCo Set to Go Private as EPS Merger Cleared and Delistings Loom

Cool Company Ltd ( (CLCO) ) has shared an update.

Cool Company Ltd has confirmed that all conditions for its previously announced merger with a wholly owned subsidiary of EPS Ventures Ltd have been met and expects the transaction to complete on 9 January 2026, after shareholder approval at a special general meeting. Trading in CoolCo’s shares on Euronext Growth Oslo is set to be suspended before market open on that date, making 8 January 2026 the final trading day in Oslo, with the company to be taken private under EPS ownership, delisted from both the New York Stock Exchange and Euronext Growth Oslo, and shareholders on the relevant record dates receiving cash consideration of $9.65 per share (or its NOK equivalent) via VPS or DTC, marking a significant shift for investors as the LNG shipping specialist exits public 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 is a pure-play LNG carrier owner and operator with a fleet of 13 vessels and a mix of short- and long-term charters serving major oil and gas, trading and utility companies. The company has been growing organically with recent newbuild deliveries, evaluates further vessel acquisitions and consolidation opportunities in the fragmented LNG shipping market, operates its own and third-party vessels through an in-house LNG transportation and infrastructure management platform, and leverages its affiliation with Eastern Pacific Shipping to strengthen its access to shipyards, financing and deal flow while pursuing emissions reductions and supporting global decarbonisation and energy security.

Average Trading Volume: 274,408

Technical Sentiment Signal: Buy

Current Market Cap: $521.9M

For an in-depth examination of CLCO stock, go to TipRanks’ Overview page.