Under the agreement, initially announced on April 22, 2025, Golden Ocean will merge into CMB.TECH Bermuda, a wholly-owned CMB.TECH subsidiary, with Golden Ocean shareholders receiving 0.95 CMB.TECH shares for each Golden Ocean share. Upon completion, CMB.TECH will issue approximately 95 million new shares and, following the transaction, CMB.TECH shareholders will own around 70% of the combined company.
