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Vast Announces Voluntary Nasdaq Delisting and Strategic Leadership Changes

Provided By GlobeNewswire

Last update: May 6, 2025

SYDNEY, May 06, 2025 (GLOBE NEWSWIRE) -- Vast Renewables Limited (Vast) (Nasdaq: VSTE), a leading Australian clean energy technology company, today announced that it has notified The Nasdaq Stock Market LLC (Nasdaq) of its intention to voluntarily delist its ordinary shares and public warrants from Nasdaq. Delisting from Nasdaq marks the first step in Vast’s broader strategy to cease its public reporting obligations in the U.S. The decision to delist and deregister is a strategic step by Vast to simplify its corporate structure, reduce regulatory and administrative costs, and align its governance with the scale and needs of its business. As a growth-stage enterprise focused on long-term infrastructure development, Vast believes that redirecting resources toward executing its business plan will better position Vast for long-term success.

Read more at globenewswire.com

VAST RENEWABLES LIMITED

NASDAQ:VSTE (5/23/2025, 9:02:42 PM)

After market: 0.1383 +0.01 (+4.77%)

0.132

-0.03 (-19.07%)



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