Cadeler A/S And Eneti Announce Extension Of Share Exchange Offer For All Outstanding Shares Of Common Stock Of Eneti Inc. To Dec. 14, 2023; Announces Signing Of New Loan Facility

12/8/23 8:52:47 AM ET

Marine Transportation

Consumer Discretionary

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In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the "Prospectus/Offer to Exchange") to reduce the minimum tender condition for the Share Exchange Offer from 85.01% to 70%.

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Recent Analyst Ratings for
$NETI

Date	Price Target	Rating	Analyst
6/22/2023	$14.00	Buy → Neutral	Citigroup
4/11/2023	$13.00	Buy	Pareto
9/13/2022	$11.00	Buy	Jefferies
2/11/2022	$10.00	Buy	Citigroup
1/21/2022	$21.00 → $10.00	Hold → Buy	Jefferies
11/15/2021	$20.00 → $14.00	Hold → Buy	Stifel
8/19/2021	$22.00 → $21.00	Hold	Jefferies

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$NETI
Press Releases

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Eneti Inc. and Cadeler A/S Share Exhange Offer Expiration Date is December 14, 2023
MONACO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti") and Cadeler A/S (OSE: CADLR) ("Cadeler"), two offshore wind turbine and foundation installation companies, remind shareholders that the expiration date for the share exchange offer (the "Share Exchange Offer") to acquire all of the issued and outstanding shares of the common stock of Eneti has been extended to 5:30 p.m. Eastern Time on December 14, 2023. Shareholders that have previously tendered their shares do not need to take any action in response to the extension of the Share Exchange Offer. If you would like to tender your shares or require assistance, please contact D.F. King & Co., Inc., the information ag
12/12/23 6:41:56 AM ET
$NETI
Marine Transportation
Consumer Discretionary
Cadeler A/S and Eneti Inc. Announce Extension of Share Exchange Offer for all Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 & New Loan Facility
MONACO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) ("Cadeler") and Eneti Inc. (NYSE:NETI) ("Eneti"), two offshore wind turbine and foundation installation companies, announced the extension of the expiration date for the share exchange offer (the "Share Exchange Offer") to acquire all of the issued and outstanding shares of the common stock of Eneti Inc. (NYSE:NETI) ("Eneti") to 5:30 p.m. Eastern Time on December 14, 2023. In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the "Prospectus/Offer to Exchange") to reduce the minimum tender condition for the Share Excha
12/8/23 8:47:41 AM ET
$NETI
Marine Transportation
Consumer Discretionary
Cadeler A/S and Eneti Inc. Announce Extension of the Share Exchange Offer for All Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 and New Loan Facility
MONACO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) ("Cadeler") and Eneti Inc. (NYSE:NETI) ("Eneti"), two offshore wind turbine and foundation installation companies, announced the extension of the expiration date for the share exchange offer (the "Share Exchange Offer") to acquire all of the issued and outstanding shares of the common stock of Eneti Inc. (NYSE:NETI) ("Eneti") to 5:30 p.m. Eastern Time on December 14, 2023. In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the "Prospectus/Offer to Exchange") to reduce the minimum tender condition for the Share Exchan
12/8/23 7:58:08 AM ET
$NETI
Marine Transportation
Consumer Discretionary

Eneti Inc. Announces Financial Results for the Third Quarter of 2023 and Declares a Quarterly Cash Dividend
MONACO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) ("Eneti" or the "Company"), today reported its results for the three months ended September 30, 2023. The Company also announced that on November 14, 2023 its board of directors (the "Board of Directors") declared a quarterly cash dividend of $0.01 per share on the Company's common shares. Results for the Three and Nine Months Ended September 30, 2023 and 2022 For the third quarter of 2023, the Company's GAAP net income was $18.3 million, or $0.48 per diluted share, including transaction costs of $0.2 million or $0.01 per diluted share, consisting primarily of legal and tax services related to its pending business combinat
11/14/23 7:30:37 AM ET
$NETI
Marine Transportation
Consumer Discretionary
Cadeler A/S and Eneti Inc. Announce Launch of Share Exchange Offer for All of The Outstanding Shares of Common Stock of Eneti Inc.
MONACO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) ("Cadeler") and Eneti Inc. (NYSE:NETI) ("Eneti"), two offshore wind turbine and foundation installation companies, announce the commencement of a share exchange offer (the "Offer") for all of the outstanding shares of common stock of Eneti. The Offer is being made pursuant to the Business Combination Agreement, announced on June 16, 2023. The Offer is expected to close within Q4 2023. Cadeler will host a conference call on November 8, 2023 at 9:00 a.m. ET / 3:00 p.m. CET (please see below for webcast details). The combined group will be named Cadeler, and be headquartered in Copenhagen, Denmark, with its shares to be l
11/7/23 4:29:48 PM ET
$NETI
Marine Transportation
Consumer Discretionary
Eneti Inc. to Announce Third Quarter 2023 Results and Have a Conference Call on November 14, 2023
MONACO, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the "Company") plans to announce third quarter 2023 financial results in a press release that will be issued before the market opens on Tuesday, November 14, 2023. A conference call to discuss the Company's results will be held at 9:00 AM Eastern Time / 3:00 PM Central European Time on November 14, 2023. Those wishing to listen to the call should dial 1 (877) 513-1694 (U.S.) or 1 (412) 902-4269 (International) at least 15 minutes prior to the start of the call to ensure connection. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility
11/3/23 6:46:00 AM ET
$NETI
Marine Transportation
Consumer Discretionary

Cadeler A/S And Eneti Announce Extension Of Share Exchange Offer For All Outstanding Shares Of Common Stock Of Eneti Inc. To Dec. 14, 2023; Announces Signing Of New Loan Facility

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$NETI

$NETI
Press Releases

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Eneti Inc. and Cadeler A/S Share Exhange Offer Expiration Date is December 14, 2023

Cadeler A/S and Eneti Inc. Announce Extension of Share Exchange Offer for all Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 & New Loan Facility

Cadeler A/S and Eneti Inc. Announce Extension of the Share Exchange Offer for All Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 and New Loan Facility

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Eneti downgraded by Citigroup with a new price target

Pareto initiated coverage on Eneti with a new price target

Jefferies resumed coverage on Eneti with a new price target

$NETI
Large Ownership Changes

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SEC Form SC 13D/A filed by Eneti Inc. (Amendment)

SEC Form SC 13D filed by Eneti Inc.

SEC Form SC 13D/A filed by Eneti Inc. (Amendment)

$NETI
SEC Filings

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Financials

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SEC Form 15-12G filed by Eneti Inc.

SEC Form 25-NSE filed by Eneti Inc.

SEC Form 6-K filed by Eneti Inc.

Eneti Inc. Announces Financial Results for the Third Quarter of 2023 and Declares a Quarterly Cash Dividend

Cadeler A/S and Eneti Inc. Announce Launch of Share Exchange Offer for All of The Outstanding Shares of Common Stock of Eneti Inc.

Eneti Inc. to Announce Third Quarter 2023 Results and Have a Conference Call on November 14, 2023

$NETI
Market Insights

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Eneti Inc On Dec 28 Co Notified NYSE Of Expected Completion Of Merger On Dec 29; Shares Of Eneti Common Stock Will No Longer Be Listed On NYSE

Why Comtech Telecommunications Shares Are Trading Lower By Over 16%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Eneti shares are trading higher after the company announced the extension of the share exchange for all outstanding shares of the common stock of Eneti to 5:30 p.m. Eastern on December 14, 2023 and a new loan facility.

Cadeler A/S And Eneti Announce Extension Of Share Exchange Offer For All Outstanding Shares Of Common Stock Of Eneti Inc. To Dec. 14, 2023; Announces Signing Of New Loan Facility

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Recent Analyst Ratings for $NETI

$NETI Press Releases

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Eneti Inc. and Cadeler A/S Share Exhange Offer Expiration Date is December 14, 2023

Cadeler A/S and Eneti Inc. Announce Extension of Share Exchange Offer for all Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 & New Loan Facility

Cadeler A/S and Eneti Inc. Announce Extension of the Share Exchange Offer for All Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 and New Loan Facility

$NETI Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Eneti downgraded by Citigroup with a new price target

Pareto initiated coverage on Eneti with a new price target

Jefferies resumed coverage on Eneti with a new price target

$NETI Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13D/A filed by Eneti Inc. (Amendment)

SEC Form SC 13D filed by Eneti Inc.

SEC Form SC 13D/A filed by Eneti Inc. (Amendment)

$NETI SEC Filings

$NETI Financials

Live finance-specific insights

SEC Form 15-12G filed by Eneti Inc.

SEC Form 25-NSE filed by Eneti Inc.

SEC Form 6-K filed by Eneti Inc.

Eneti Inc. Announces Financial Results for the Third Quarter of 2023 and Declares a Quarterly Cash Dividend

Cadeler A/S and Eneti Inc. Announce Launch of Share Exchange Offer for All of The Outstanding Shares of Common Stock of Eneti Inc.

Eneti Inc. to Announce Third Quarter 2023 Results and Have a Conference Call on November 14, 2023

$NETI Market Insights

Live Market Insights

Eneti Inc On Dec 28 Co Notified NYSE Of Expected Completion Of Merger On Dec 29; Shares Of Eneti Common Stock Will No Longer Be Listed On NYSE

Why Comtech Telecommunications Shares Are Trading Lower By Over 16%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Eneti shares are trading higher after the company announced the extension of the share exchange for all outstanding shares of the common stock of Eneti to 5:30 p.m. Eastern on December 14, 2023 and a new loan facility.

Recent Analyst Ratings for
$NETI

$NETI
Press Releases

$NETI
Analyst Ratings

$NETI
Large Ownership Changes

$NETI
SEC Filings

$NETI
Financials

$NETI
Market Insights