Cool Company Ltd. has provided an update regarding a proposed transaction involving EPS Ventures Ltd. The update outlines the expected timing of a special general meeting of shareholders and details potential impacts on the company's business operations and relationships during the transaction process. The company highlighted several factors that could affect the completion and outcome of the transaction, including possible litigation, management distractions, changes to business relationships, and costs associated with the deal. Additional information and documents related to the transaction have been made available to shareholders through the company's and the SEC's websites.