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Purebread Brands Inc. Announces Share Consolidation Effective Date

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Purebread Brands Inc. Announces Share Consolidation Effective Date

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Coho Collective Kitchens Inc ( (TSE:BRED) ) has provided an update.

Purebread Brands Inc. announced the effective date for the consolidation of its share capital, converting every five pre-consolidation shares into one post-consolidation share. This move, subject to final confirmation by the TSX Venture Exchange, will reduce the number of outstanding common shares from 115,830,277 to approximately 23,166,055, potentially impacting shareholder value and market perception.

More about Coho Collective Kitchens Inc

Purebread Brands Inc. is a leader in the fast-casual cafe and bakery industry in British Columbia, focusing on retail expansion in vibrant communities across Canada and beyond. The company is dedicated to crafting exceptional food experiences and making a positive impact on the communities it serves.

YTD Price Performance: -12.50%

Average Trading Volume: 37,150

Technical Sentiment Signal: Strong Buy

For a thorough assessment of BRED stock, go to TipRanks’ Stock Analysis page.

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