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An update from Vow Green Metals AS ( (DE:9G5) ) is now available.
Vow Green Metals AS has received significant shareholder acceptance for a voluntary cash offer from Midas Industri AS, leading to the acquisition of over 90% of the company’s shares. This acquisition will result in a compulsory acquisition of remaining shares and the delisting of Vow Green Metals from Euronext Growth Oslo, marking a significant shift in the company’s operational and market positioning.
More about Vow Green Metals AS
Vow Green Metals AS is a company focused on producing biocarbon and other carbon-neutral products to aid the green transition in industries that are hard to decarbonize. Their business model involves building, owning, and operating biocarbon production plants using advanced pyrolysis technology to convert biomass and biomass waste into biocarbon, bio-oil, and bioenergy. The company aims to replace fossil-reduction agents in the metallurgical industry and maintains a first-mover advantage with proprietary technology and a growing global project pipeline.
YTD Price Performance: 37.10%
Average Trading Volume: 742,803
See more insights into 9G5 stock on TipRanks’ Stock Analysis page.