Clean Seas Seafood Announces Rescheduled Court Hearing for Acquisition by Yumbah Aquaculture

Clean Seas Seafood Limited ( (AU:CSS) ) just unveiled an announcement.

Clean Seas Seafood Limited has announced a rescheduled court hearing for its proposed acquisition by Yumbah Aquaculture Ltd. The Federal Court of Australia has approved the distribution of a supplementary scheme booklet and rescheduled the shareholder meeting to vote on the scheme to 8 July 2025. This acquisition, if approved, will result in Yumbah acquiring 100% of Clean Seas’ shares, potentially impacting the company’s operations and market positioning.

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 aquaculture industry, focusing on the production and distribution of seafood products. The company is known for its sustainable practices and market focus on high-quality seafood offerings.

Average Trading Volume: 203,936

Technical Sentiment Signal: Sell

Current Market Cap: A$28.18M

For detailed information about CSS stock, go to TipRanks’ Stock Analysis page.