Akanda Corp. Announces Reverse Stock Split [Yahoo! Finance]
Akanda Corp. (AKAN)
Company Research
Source: Yahoo! Finance
expects to implement a 1-for-2 reverse stock split of the Company's common shares effective November 14, 2024. The reverse stock split was previously approved by the Company's shareholders on March 22, 2024 and Board of Directors on October 25, 2024 and will begin trading on an adjusted basis giving effect to the reverse stock split at the opening of market on November 14, 2024 under the existing ticker symbol "AKAN". The new CUSIP number of the Company's common shares will be 00971M403 and the new ISIN code will be CA00971M4039. In accordance with the proposal approved by the Company's shareholders on March 22, 2024, the Company may effect one or more future consolidations of the Company's issued and outstanding common shares and on the basis of a consolidation ratio to be selected by the Board, in its sole discretion, within a range between ten pre-consolidation common shares for one post-consolidation common share and 100 pre-consolidation common shares for one post-consolidation
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AKAN
Sec Filings
- 11/26/24 - Form 6-K
- 11/12/24 - Form 6-K
- 10/30/24 - Form 6-K
- AKAN's page on the SEC website