SYNTHESIS ENERGY SYSTEMS ANNOUNCES COMPLETION OF BATCHFIRE PRE-EMPTIVE RIGHTS PROCESS
SES AI Corporation Class A (SES)
US:NASDAQ Investor Relations:
ir.synthesisenergy.com
Company Research
Source: GlobeNewswire
Upon successful conclusion of the merger with Australian Future Energy, SES will increase its ownership in Batchfire from 7.4% to 37.2% Highlights: 37.2% of Batchfire shareholders accepted SES’s offer to acquire their shares, exceeding the 25% minimum participation requirementBatchfire owns and operates one of Australia’s largest and lowest-cost thermal coal minesAchieving the additional ownership in Batchfire is part of the merger transactions underway with Australian Future EnergyThe increased Batchfire ownership is expected to strengthen the Company’s operating results and balance sheet in the future HOUSTON, Dec. 04, 2019 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (Nasdaq: SES) today announced the finalization of the pre-emptive rights process that was required to be undertaken, pursuant to the constitution of Batchfire Resources Pty Ltd (Batchfire), in respect of the Batchfire shareholders who had entered into a Share Exchange Agreement with SES, accepting SES’
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SES
Earnings
- 10/31/24 - Miss
SES
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form SC
- 11/19/24 - Form 4
- SES's page on the SEC website