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Crown LNG Holdings Ltd (NASDAQ:CROWN) announced Friday that it entered into a promissory note and settlement of promissory note agreement with John D. Allan, effective as of Tuesday. The company disclosed the agreements in a filing with the U.S. Securities and Exchange Commission.
According to the statement, the agreements, collectively referred to as the Allan Agreement, were finalized on July 8, 2025. Details of the terms were not fully disclosed, as portions of the related exhibit have been redacted in accordance with SEC regulations.
The company stated that the description of the agreement’s terms is qualified in its entirety by reference to the full exhibit, which was filed as part of the Form 6-K report.
Crown LNG Holdings is a company incorporated in Jersey, Channel Islands, and is engaged in the natural gas distribution sector. The filing was signed by Jørn Husemoen as authorized signatory.
This information is based on a press release statement included in the company’s SEC filing.
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