Core Viewpoint - Else Nutrition Holdings Inc. has announced a share consolidation, reducing the number of common shares from approximately 374 million to about 37 million, effective November 6, 2025 [1][3]. Share Consolidation Details - The consolidation will occur on a basis of one post-consolidation common share for every ten pre-consolidation common shares [1]. - The new CUSIP and ISIN numbers for the post-consolidation shares will be 290257500 and CA2902575000, respectively [2]. - Proportionate adjustments will be made to the Company's outstanding stock options, warrants, and other convertible securities [3]. Shareholder Instructions - Registered shareholders will receive a letter of transmittal from Computershare Investor Services Inc. to facilitate the share consolidation process [4]. - Non-registered shareholders should consult their intermediaries for specific procedures related to the share consolidation [5]. Company Overview - Else Nutrition Holdings Inc. focuses on developing innovative, clean, and plant-based food and nutrition products for various age groups, including infants and toddlers [7]. - The company has gained recognition for its plant-based, non-soy formula and has achieved significant sales growth since launching its products [7][8].
ELSE NUTRITION ANNOUNCES SHARE CONSOLIDATION
Prnewswireยท2025-11-03 21:37