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Sentinel Energy shareholders OK plan to move incorporation to Delaware

Shareholders of Sentinel Energy Services Inc. approved on Dec. 28 the company's plan to change its jurisdiction of incorporation to Delaware from the Cayman Islands.

The domestication also took effect Dec. 28.

The company's units, class A common stock and warrants will continue trading on the Nasdaq Capital Market under the ticker symbols STNLU, STNL and STNLW, respectively.

The domestication did not change Sentinel's assets, liabilities, directors or officers, according to a Dec. 28 filing. The outstanding ordinary shares of the Cayman-incorporated company were converted to common shares of the Delaware company, with no shareholder action required.

Sentinel Energy is an energy-focused acquisition company led by CEO Krishna Shivram and Chairman Andrew Gould, the former chairman and CEO of Schlumberger Ltd.