Workflow
Share Consolidation
icon
Search documents
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].
EPWK Holdings Ltd. Announces 40 for 1 Share Consolidation
Prnewswire· 2025-11-13 11:30
Core Points - The company, EPWK Holdings Ltd., announced a share consolidation on a 40 for 1 ratio to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq [2][4] - The effective date for the share consolidation is November 17, 2025, and the Class A ordinary shares will trade on a split-adjusted basis under the same symbol "EPWK" but with a new CUSIP number [2][3] - Following the consolidation, the authorized share capital will change significantly, reducing the number of Class A ordinary shares from approximately 144.5 million to about 3.6 million and Class B ordinary shares from approximately 3.6 million to about 88,900 [4] Company Overview - EPWK Holdings Ltd. connects businesses with talent through an innovative crowdsourcing platform, providing services for small and medium-sized enterprises [5] - The company was founded by Guohua Huang and operates through subsidiaries and contractual arrangements in China [5]
Aequus Provides Additional Disclosure in Connection with Annual General and Special Meeting of Shareholders
Thenewswire· 2025-11-12 22:00
Core Points - Aequus Pharmaceuticals Inc. is providing additional information regarding its upcoming annual general and special meeting scheduled for November 21, 2025, at the request of the Ontario Securities Commission [1][2] - The company is clarifying details about a potential share consolidation, stating it will not proceed if certain conditions regarding market price changes or undisclosed material facts are met [3] - The company is also supplementing information related to cease trade orders affecting a director nominee, Marc Lustig, due to non-compliance with insider reporting requirements [5] Company Information - Aequus Pharmaceuticals Inc. is a specialty pharmaceutical company focused on commercializing value-added products in specialty therapeutics areas within the Canadian market [6]
Ascot Announces Launch of C$0.01 Rights Offering
Globenewswire· 2025-11-08 02:02
Core Viewpoint - Ascot Resources Ltd. is initiating a rights offering to raise gross proceeds of up to C$14,871,517 to settle outstanding amounts owed to creditors [1][12]. Rights Offering Details - The company will offer 1,487,151,720 rights to shareholders, with each right allowing the subscription for one common share at a price of C$0.01 [2]. - The rights will expire on December 12, 2025, and unexercised rights will become void [4]. - Shareholders who fully exercise their rights will have the opportunity to subscribe for additional shares from unexercised rights [4]. Standby Agreement - A standby agreement has been established with Fiore Management and Advisory Corp., which will acquire all outstanding rights shares not taken up by shareholders [5]. Share Structure Post-Offering - Upon completion of the rights offering, assuming all rights are exercised, the total number of common shares outstanding will be 2,974,303,440, with rights shares representing approximately 50% of the total [7]. Eligibility and Subscription Process - The rights will be offered to shareholders in all provinces and territories of Canada, and registered shareholders must submit their subscription forms to the rights agent by the expiry time [6]. - Shareholders outside of eligible jurisdictions must provide evidence of eligibility to participate in the rights offering [8]. Closing and Consolidation - The rights offering is expected to close around December 15, 2025, subject to necessary approvals [9]. - Following the rights offering, the company plans to execute a 50:1 share consolidation [10]. Use of Proceeds - The net proceeds from the rights offering will be utilized to settle outstanding debts owed to creditors [12]. Additional Information - Further details regarding the rights offering will be available in the company's circular and notice, which will be filed on SEDAR+ [13].
Raytech Holding Limited Announces 16 for 1 Share Consolidation
Globenewswire· 2025-10-30 02:20
Core Viewpoint - Raytech Holding Limited has announced a 16-for-1 share consolidation to comply with Nasdaq's minimum bid price requirement, effective November 7, 2025 [1][2]. Group 1: Share Consolidation Details - The share consolidation will convert every 16 ordinary shares into one ordinary share, affecting all shareholders uniformly without altering their percentage ownership, except for minor changes due to fractional shares [3]. - No fractional shares will be issued; shareholders will receive one full share instead of any fractional share resulting from the consolidation [4]. - The authorized share capital will decrease from 8 billion ordinary shares to 500 million ordinary shares, and the total issued and outstanding shares will reduce from approximately 43.6 million to about 2.7 million [5]. Group 2: Company Overview - Raytech Holding Limited is based in Hong Kong and specializes in the design, sourcing, and wholesale of personal care electrical appliances for international brand owners, with over 10 years of industry experience [6].
Chijet Announces Effective Date of Share Consolidation
Globenewswire· 2025-10-29 16:12
Core Viewpoint - Chijet Motor Company, Inc. will implement a 100-for-1 share consolidation of its ordinary shares effective November 3, 2025, which aims to increase the market price per share [1][5]. Share Consolidation Details - The shareholders approved the share consolidation at the annual general meeting on September 24, 2025, allowing for the consolidation of class A and class B ordinary shares [2]. - The consolidation will convert every 100 class A ordinary shares with a par value of US$0.003 into one class A ordinary share with a par value of US$0.3, and similarly for class B shares [2]. - The exact consolidation ratio will be determined by the board of directors within the approved range [2]. Trading and Administrative Aspects - The class A ordinary shares will begin trading on a consolidation-adjusted basis on the Nasdaq Capital Market starting November 3, 2025, with a new CUSIP number assigned [3]. - The share consolidation will affect all issued and outstanding ordinary shares uniformly, and no action is required from shareholders holding shares in book-entry form or through brokers [4][6]. Company Overview - Chijet Motor Company focuses on the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (NEVs) [7]. - The company operates a large modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to NEV production [7]. - The management team comprises industry veterans with extensive experience in various fields including engineering, design, and financial management [7].
Gold'n Futures Announces Upcoming Annual General and Special Meeting
Thenewswire· 2025-10-21 20:30
Core Points - Gold'n Futures Mineral Corp. will hold its annual general and special meeting of shareholders on November 18, 2025, at 11:00 a.m. PST in Vancouver, British Columbia [1] - The company seeks shareholder approval for a proposed share consolidation at a ratio of 100 pre-consolidation common shares for 1 post-consolidation common share [2] - Shareholders of record on September 19, 2025, will be entitled to vote at the AGSM [6] Share Consolidation Details - No fractional shares will be issued; any resulting fraction will be rounded to the nearest whole number [2] - The effective date of the consolidation will be announced if the board considers it in the best interests of the company [4] - The consolidation is subject to acceptance by the Canadian Securities Exchange, and the Board reserves the right to revoke the resolutions prior to implementation [5] Company Overview - Gold'n Futures Mineral Corp. is a mineral exploration company focused on expanding gold resources and developing viable gold mining operations using advanced technologies and geological expertise [7]
VR Resources Announces $1.5M Brokered Private Placement Led by Centurion One Capital, Concurrent Share Consolidation, Management Change, and Start-Up of Drill Planning for its New Boston Tungsten-Molybdenum-Copper-Silver porphyry project in Nevada
Globenewswire· 2025-10-20 23:09
Core Points - VR Resources Limited has entered into an agreement with Centurion One Capital Corp. for a brokered private placement aiming to raise up to $1.5 million through the sale of up to 15 million units at a post-Consolidation issue price of $0.10 per unit [1] - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of one share at a price of $0.16 for 36 months [1] - The proceeds from the offering will be allocated for exploration at the New Boston tungsten-moly-copper-silver project and Bonita copper-gold project in Nevada, as well as for general working capital [2] Offering Details - Insiders of the Company and the Lead Agent may acquire up to approximately 50% of the offering, which will be considered a related party transaction [3] - A commission of 8% will be payable to the Lead Agent on the cash proceeds, along with broker warrants equal to 8% of the units issued [4] - The offering is expected to close around November 14, 2025, subject to necessary approvals and the completion of a share consolidation [5] Share Consolidation - The Company will undergo a consolidation of its shares at a ratio of five pre-consolidation shares to one post-consolidation share, pending approval from the Exchange [8] - Following the consolidation, the Company is expected to have approximately 26,688,695 shares outstanding, excluding shares from the offering [9] - The issue price and exercise price reflect the post-consolidation basis [10] Management Change - Justin Daley has resigned as CEO and President, effective October 20, 2025, with Dr. Michael H. Gunning appointed as the new President and CEO [12]
Results of General Meeting
Globenewswire· 2025-10-17 12:29
Core Points - PayPoint plc successfully passed all resolutions at the General Meeting, including the approval of a Special Dividend and Share Consolidation [2][3] - The voting results showed overwhelming support for the resolutions, with the Special Dividend receiving 99.94% approval [3] - The Share Consolidation will result in shareholders receiving 12 New Ordinary Shares for every 13 Existing Ordinary Shares held, effective from 20 October 2025 [6] Voting Results - Resolution 1 (Special Dividend and Share Consolidation): 55,000,050 votes for (99.94%), 33,778 votes against (0.06%) [3] - Resolution 2 (Allotting shares): 54,782,132 votes for (99.55%), 244,953 votes against (0.45%) [3] - Resolution 3 (Disapply pre-emption rights): 54,737,260 votes for (99.48%), 286,713 votes against (0.52%) [3] - Resolution 4 (Disapply pre-emption rights for acquisitions): 53,706,157 votes for (97.60%), 1,319,717 votes against (2.40%) [3] - Resolution 5 (Market purchases of shares): 52,708,547 votes for (95.85%), 2,282,727 votes against (4.15%) [3] Share Capital Information - As of 15 October 2025, PayPoint had 69,020,204 ordinary shares in issue, with one vote per share [5] - Following a buyback and cancellation, the issued share capital will be 69,020,198 ordinary shares as of 17 October 2025 [5] Share Consolidation Details - The Share Consolidation will be effective as of 6:00 p.m. on 17 October 2025, with new shares trading on the London Stock Exchange starting 20 October 2025 [6]
Metal Energy Provides Corporate Update
Newsfile· 2025-10-17 10:00
Core Viewpoint - Metal Energy Corp. is updating its projects and announcing a share consolidation to enhance its capital structure and evaluate new acquisition opportunities in high-quality mining jurisdictions [1][2]. Project Updates - The company is actively assessing additional acquisition opportunities to expand its portfolio in prolific mining areas, specifically the Highland Valley District and the Thompson Nickel Belt [2]. Corporate Update - A consolidation of outstanding Common Shares will occur at a ratio of one new Common Share for every five currently outstanding shares, reducing the expected shares from 141,346,980 to approximately 28,269,396 post-consolidation [3][4]. - The consolidation is set to take effect on October 20, 2025, pending approval from the TSX Venture Exchange [4]. Shareholder Information - Registered shareholders will receive replacement certificates or direct registration advice for their post-consolidation shares, while holders of uncertificated shares will have their accounts electronically adjusted [5][6]. - The exercise price and number of Common Shares under outstanding warrants and stock options will be proportionately adjusted to reflect the consolidation [7]. Additional Information - Metal Energy operates two high-potential projects in Canada: the Manibridge project (Ni-Cu-Co-PGE) in Manitoba and the Highland Valley Project (Cu-Mo-Ag-Au-Re) in British Columbia [9].