Critical Metals Confirms Optionholder Consideration for European Lithium Acquisition
Bitget2026/10/28 13:05- European Lithium confirmed an option exchange ratio of 0.0353158621-to-1 for its acquisition by Critical Metals, subject to fractional entitlement rounding.
- Holders of 991 or fewer options will receive proportional net cash proceeds from share sales instead of new shares.
- The acquisition schemes became effective October 27, 2026; the entitlement record date is October 29.
- New shares are scheduled for issuance November 5, 2026.
- Nasdaq trading is expected to begin November 6, 2026, with European Lithium’s ASX delisting scheduled for the same day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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