Bynd Cannasoft Enterprises, Inc. (TSE:BYND) has released an update.
BYND CannasoL Enterprises Inc. has announced a 1-for-190 reverse stock split, set to take effect on March 22, 2024, to comply with Nasdaq’s minimum bid price listing requirements. This move will consolidate approximately 123.27 million shares down to roughly 648,795 shares, with the adjusted shares trading under the same ticker symbol ‘BCAN’. The action is aimed at uniformly affecting all shareholders and includes proportional adjustments to the company’s outstanding stock options and equity incentive plans.
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