Roth CH Extends Merger Timeline with New Era Helium

AKAP
Oct 31, 2024
2 min read

Roth CH Acquisition V updated its merger agreement with New Era Helium detailing in an October 31, 2024, SEC filing significant amendments including an extension of the merger completion deadline to November 30, 2024. These amendments adjust share delivery terms and redefine "Net Debt" to ensure accurate share count at closing, following previous amendments to the agreement. The merger, initially valued at US$90mm, has been facing multiple delays in closing the deal.

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