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Entyr Limited Extends DOCA End Date Amid Ongoing Processes

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Entyr Limited Extends DOCA End Date Amid Ongoing Processes

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Pearl Global Ltd ( (AU:ETR) ) just unveiled an announcement.

Entyr Limited has announced a further extension of the Deed of Company Arrangement (DOCA) end date to 31 March 2025, due to ongoing legal and procedural requirements following the receipt of reinstatement conditions from the ASX. The general meeting to finalize the DOCA is now scheduled for 7 March 2025, with potential for additional extensions if necessary. This extension reflects the company’s ongoing efforts to satisfy the final conditions precedent, which include resolutions related to a share restructure, impacting its operational and strategic positioning.

More about Pearl Global Ltd

Entyr Limited is a revolutionary environmental technology company specializing in tyre processing. It utilizes next-generation thermal desorption technology to convert tyres into sustainable products, offering waste to energy opportunities. The company’s technology is notable for its low emissions and lack of hazardous by-products, meeting Australian regulatory standards.

Average Trading Volume: 3,146,233

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$13.88M

See more insights into ETR stock on TipRanks’ Stock Analysis page.

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