NewsNovo
filed a management information circular and definitive proxy statement on October 5, 2026, seeking shareholder approval for a transaction that will make the company a wholly owned subsidiary of New NovaGold.
The filing sets the stage for a special meeting on November 3, 2026, where investors will vote on the arrangement that shifts the primary listing from NYSE American to the NYSE.
The restructuring plan was initially disclosed in a Form 8-K filed on July 22, 2026.
Under the Arrangement Agreement, each outstanding share of NovaGold will be exchanged for one share of voting common stock of New NovaGold.
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