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QYOU to Proceed with Share Consolidation
Prnewswire·2025-11-20 13:15

Core Viewpoint - QYOU Media Inc. has announced a consolidation of its common shares at a ratio of one post-consolidation share for every twelve pre-consolidation shares, expected to take effect around November 24, 2025 [1][3]. Share Consolidation Details - The consolidation was approved by shareholders at the annual general meeting held on July 23, 2025, with a consolidation ratio range of two to fifty pre-consolidation shares for one post-consolidation share [2]. - After the consolidation, the company will have approximately 51,903,674 common shares outstanding, subject to adjustments for fractional shares [1]. Company Overview - QYOU Media operates in India and the United States, focusing on producing and distributing content from social media influencers and digital content creators [4]. - The company’s influencer marketing platform in India, Chtrbox, connects brands with social media influencers, while in the U.S., it collaborates with major film studios and brands to create and market content [4]. - QYOU Media has reached over one billion consumers with its content aimed at millennials and Gen Z [4].