Bruush Oral Care announces 1-for-25 reverse stock split

Bruush Oral Care’s board of directors has approved a 1-for-25 reverse split of its common shares primarily to comply with the Nasdaq’s minimum bid price requirement. The consolidation is effective as of the close of business on July 31 and the company’s common shares and warrants will trade on a post-split basis under the same symbols, BRSH and BRSHW, respectively, commencing with the opening of trading on the Nasdaq on August 1. As a result of the consolidation, every 25 common shares issued and outstanding will be exchanged for one common share. If any fractional common shares are created as a result of the consolidation, any fractional common share less than 0.50 will be cancelled and any fractional common share greater than 0.50 will be rounded up to the nearest whole common share. Immediately after the consolidation becomes effective, the company will have approximately 511,368 common shares issued and outstanding.