ESGL and De Tomaso Extend Term of Merger Agreement, Reaffirming Commitment to Business Combination
ESGL Holdings Limited - Class A Ordinary Shares (ESGL)
Company Research
Source: GlobeNewswire
SINGAPORE, Sept. 08, 2025 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ: ESGL) ("ESGL"), a sustainability-focused holding company, today announced that it has extended the term of the merger agreement with De Tomaso Automobili (“De Tomaso”), a heritage ultra-luxury performance automobile brand. The extension underscores the continued commitment of both parties to completing the proposed business combination. The updated term of the merger agreement reflects a revised long stop date of 31 October 2025. The merger is currently in the later stages of Nasdaq review, with the closing anticipated to occur promptly following Nasdaq approval. “We remain fully aligned with De Tomaso and are jointly committed to closing this transformative merger,” said Quek Leng Chuang, Chief Executive Officer of ESGL. “This business combination represents a unique opportunity to deliver long-term shareholder value.” “De Tomaso stands behind our partnership with ESGL,” said Norman Choi, Chief Execut
Show less
Read more
Impact Snapshot
Event Time:
ESGL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESGL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESGL alerts
High impacting ESGL Holdings Limited - Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
ESGL
News
- ESGL Holdings Limited (NASDAQ: ESGL) Announces Strategic MOU with De Tomaso Automobili Holdings Limited and PT Buana Megawisatama to Explore a Carbon-Neutral Luxury Race Circuit in Bintan, IndonesiaGlobeNewswire
- ESGL Strengthens IP Portfolio with Provisional Patent Filing for Commercialized Precious Metal Recovery TechnologyGlobeNewswire
- ESGL (NASDAQ:ESGL) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
ESGL
Sec Filings
- 11/26/25 - Form 6-K
- 11/25/25 - Form 6-K
- 11/6/25 - Form 6-K
- ESGL's page on the SEC website