Agilyx ASA (QX) AGXXF

Industrials Waste Management

Agilyx ASA, together with its subsidiaries, provides plastic waste solutions in Europe, the United States, and the Asia pacific. The company operates through two segments, Agilyx and Cyclyx. It offers Styrenyx, a recycling technology that uses catalyst-free depolymerization to recycle polystyrene waste; Cyclyx which supplies custom-formulated feedstock derived from plastic waste; Plastyx, a feedstock supplier; and TruStyrenyx, a technology platform for the recycling of polystyrene. The company also licenses its patented conversion technology and sells its patented equipment to industry players. Agilyx ASA was founded in 2004 and is headquartered in Tigard, Oregon.

OTCQX:AGXXF - Post by User

Agilyx ASA (QX)

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Comment by VanChelseaon Apr 02, 2019 11:57am

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Post# 29570345

RE:When is the management buyout going to close?

The Q4 and FY2018 year-end report came out today. There is a paragraph affirming that they are on time with regards to closing:

"The process related to the Plan of Arrangement to privatize AGT is on pace after the affirmative shareholder vote of February 5, 2019 and court approval which was obtained on February 11, 2019. We are continuing to work through the conditions and requirements under the Plan of Arrangement. Necessary regulatory approvals have been received with the exception of South Africa which is underway. We are working through customary closing matters and expect the closing of the Transaction to be completed on or near the timelines as previously indicated," said Mr. Murad Al-Katib, President and CEO of AGT."

https://www.newswire.ca/news-releases/agt-food-and-ingredients-inc-announces-fourth-quarter-and-year-end-2018-results-824571100.html

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