AGEDB Technology (TSXV:AGET:CA) announces that the board has approved a consolidation of the company’s common shares on the basis of one post-consolidated share for every ten pre-consolidated shares
The company has 42,383,200 common shares and is set to consolidate to have approximately 4,238,320. The company’s convertible securities will be adjusted based on the consolidation ratio.
The name and trading symbol will remain unchanged.
The company will announce when it will start trading on a consolidated basis in a future news release.