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Scryb Announces Effective Date of Proposed Share Consolidation
Newsfileยท 2025-08-08 02:20
Core Points - Scryb Inc. will proceed with a share consolidation on a basis of one new common share for every ten old common shares, effective August 13, 2025 [1][2] - The company currently has 323,187,472 common shares issued and outstanding, which will reduce to approximately 32,318,731 common shares post-consolidation [3] - No fractional common shares will be issued; any resulting fractions will be rounded down to the nearest whole number without cash compensation [3] - TSX Trust Company will send a Letter of Transmittal to shareholders for exchanging pre-consolidation share certificates for post-consolidation certificates [4] Company Overview - Scryb Inc. invests in and supports a portfolio of ventures across AI, biotech, digital health, and cybersecurity [5]