DeepMarkit Evaluating Implementation of Approved Share Consolidation to Support Strategic Growth Initiatives
Thenewswire·2025-09-03 21:10

Core Viewpoint - DeepMarkit Corp. is evaluating the implementation of a previously approved two-for-one share consolidation to enhance its investment profile and support growth initiatives in innovative sectors [1][2]. Group 1: Share Consolidation - The share consolidation was approved by shareholders at the Annual General Meeting on March 31, 2025, and shareholders will receive one post-consolidation share for every two existing shares [1][2]. - The consolidation may occur at any time before March 31, 2026, and is subject to TSX Venture Exchange approval and the discretion of the Board of Directors [2]. Group 2: Growth Opportunities - The company is exploring various emerging opportunities in high-growth sectors to build on its existing capabilities and enhance long-term shareholder value [2]. - CEO Steve Vanry emphasized that the consolidation could improve the company's attractiveness to potential partners and investors as it pursues strategic growth avenues [2][5]. Group 3: Company Overview - DeepMarkit Corp. is a Canadian technology company focused on blockchain, artificial intelligence, and tokenization, with initiatives in the crypto ecosystem and decentralized networks [3]. - The company operates through DeepMarkit Digital Corp. and DeepMarkit AI Corp., focusing on blockchain infrastructure, decentralized AI platforms, and token-based incentives [3].