Silver Point Capital L.P. Exits Position in Cool Company Ltd. (CLCO)
On May 15, 2026, Silver Point Capital, L.P., along with Edward A. Mule and Robert J. O'Shea, filed Amendment No. 1 to their Schedule 13G regarding Cool Company Ltd. (CLCO). This filing serves as an official 'exit filing' for the reporting persons, indicating that they have reduced their beneficial ownership to zero shares of the issuer's common stock. Previously, Silver Point held these shares through managed funds, including Silver Point Capital Offshore Master Fund, L.P. and Silver Point Capital Fund, L.P. Following the reported transactions as of March 31, 2026, the reporting persons no longer hold more than 5% of the company's outstanding common shares. Silver Point Capital Management, LLC, the general partner of Silver Point Capital, L.P., and its members, Messrs. Mule and O'Shea, also report zero beneficial ownership. The filing confirms that the securities were not held for the purpose of changing or influencing the control of the issuer. This exit marks the conclusion of their status as significant reporting shareholders in Cool Company Ltd.