Consolidation

MBH Corporation Plc: Share Consolidation Update

Retrieved on:

Friday, August 4, 2023

Treasury, SEDOL, IR, Frankfurt Stock Exchange, MBH, AGM, United Nations Security Council Resolution 13, Application, CEST, Consolidation, Admission, ISIN, FCA, Disclosure, BST, Security (finance)

MBH Corporation plc (MBH), a diversified investment holding company, announces that following shareholders’ approval of Resolution 13 (as detailed in the Notice of the AGM Circular dated 26 May 2023) at the AGM held on 28 June 2023, every 30 ordinary shares of €0.01 each (the “Existing Ordinary Shares”) will be consolidated into 1 new ordinary share of €0.30 each (the “New Ordinary Shares” and the “Consolidation”).

Key Points:

MBH Corporation plc (MBH), a diversified investment holding company, announces that following shareholders’ approval of Resolution 13 (as detailed in the Notice of the AGM Circular dated 26 May 2023) at the AGM held on 28 June 2023, every 30 ordinary shares of €0.01 each (the “Existing Ordinary Shares”) will be consolidated into 1 new ordinary share of €0.30 each (the “New Ordinary Shares” and the “Consolidation”).
Other than the change in nominal value, the New Ordinary Shares arising on implementation of the Consolidation will have the same rights as the Existing Ordinary Shares, including voting and dividend rights.
The number of total voting rights in the Company's issued ordinary share capital will decrease as a result of the Consolidation.
Accordingly, following Admission, the Company's enlarged issued voting share capital will comprise 4,135,428 New Ordinary Shares.

SAFE SUPPLY AND ORIGIN THERAPEUTICS ANNOUNCE SIGNING OF DEFINITIVE AGREEMENT

Retrieved on:

Wednesday, August 2, 2023

Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., CSE, Canadian Securities Exchange, Canada Business Corporations Act, ORIG, CBCA, Cost-exchange ratio, Transaction, Name, Consolidation, Issuer, NEWS, Security (finance)

VANCOUVER, BC, CANADA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Safe Supply Streaming Co. Ltd. (“Safe Supply”) and Origin Therapeutics Holdings Inc. (“Origin”) (CSE: ORIG) are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023, which is expected to result in the listing of the shares (the “Resulting Issuer Shares”) of the issuer that will exist upon completion of the Transaction (the “Resulting Issuer”) on the Canadian Securities Exchange (the “CSE”).

Key Points:

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
VANCOUVER, BC, CANADA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Safe Supply Streaming Co. Ltd. (“Safe Supply”) and Origin Therapeutics Holdings Inc. (“Origin”) (CSE: ORIG) are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023, which is expected to result in the listing of the shares (the “Resulting Issuer Shares”) of the issuer that will exist upon completion of the Transaction (the “Resulting Issuer”) on the Canadian Securities Exchange (the “CSE”).
The Definitive Agreement was executed among Safe Supply, Origin and the Origin Subco Limited, a wholly-owned subsidiary of Origin incorporated under the Canada Business Corporations Act (the "CBCA").
The Definitive Agreement provides for, among other things, the triangular amalgamation pursuant to which: (i) Safe Supply will amalgamate with Origin Subco Limited under the CBCA to form one corporation ("Amalco"); and (ii) the securityholders of Safe Supply will receive Resulting Issuer Shares in exchange for securities of Safe Supply on a one-for-one basis (the "Exchange Ratio"), subject to adjustment for a Consolidation (as defined below), all in the manner contemplated by, and pursuant to, the terms and conditions of the Definitive Agreement.

Safe Supply and Origin Therapeutics Announce Signing of Definitive Agreement

Retrieved on:

Wednesday, August 2, 2023

Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., CSE, Canadian Securities Exchange, Canada Business Corporations Act, Model Business Corporation Act, ORIG, CBCA, Respiratory exchange ratio, Transaction, Name, Consolidation, Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - August 2, 2023) - Safe Supply Streaming Co. Ltd. ("Safe Supply") and Origin Therapeutics Holdings Inc. (CSE: ORIG) ("Origin") are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023 , which is expected to result in the listing of the shares (the "Resulting Issuer Shares") of the issuer that will exist upon completion of the Transaction (the "Resulting Issuer") on the Canadian Securities Exchange (the "CSE").

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - August 2, 2023) - Safe Supply Streaming Co. Ltd. ("Safe Supply") and Origin Therapeutics Holdings Inc. (CSE: ORIG) ("Origin") are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023 , which is expected to result in the listing of the shares (the "Resulting Issuer Shares") of the issuer that will exist upon completion of the Transaction (the "Resulting Issuer") on the Canadian Securities Exchange (the "CSE").
The Definitive Agreement was executed among Safe Supply, Origin and the Origin Subco Limited, a wholly-owned subsidiary of Origin incorporated under the Canada Business Corporations Act (the "CBCA").
The Definitive Agreement provides for, among other things, the triangular amalgamation pursuant to which: (i) Safe Supply will amalgamate with Origin Subco Limited under the CBCA to form one corporation ("Amalco"); and (ii) the securityholders of Safe Supply will receive Resulting Issuer Shares in exchange for securities of Safe Supply on a one-for-one basis (the "Exchange Ratio"), subject to adjustment for a Consolidation (as defined below), all in the manner contemplated by, and pursuant to, the terms and conditions of the Definitive Agreement.
In connection with the Transaction, among other things, Origin will (i) complete a consolidation of its common shares (the "Origin Shares") on the basis of one (1) new Origin Share for four (4) old Origin Shares (the "Consolidation"); (ii) continue from the provincial jurisdiction of the Business Corporations Act (British Columbia) to the federal jurisdiction of the Canada Business Corporations Act (the "Continuance"), and concurrently (iii) change its name to "Safe Supply Streaming Co Ltd.", or such other name as may be agreed (the "Name Change").

Agra Ventures Announces Details of Share Consolidation, Name Change, and Ticker Symbol Change

Retrieved on:

Wednesday, August 2, 2023

Exercise, Indian stock exchange, CSE, Canadian Securities Exchange, Date, Special, Article, Consolidation, Airline

The consolidation will be on the basis of every twenty-five (25) old Common Shares into one (1) new Common Share (the “Consolidation”).

Key Points:

The consolidation will be on the basis of every twenty-five (25) old Common Shares into one (1) new Common Share (the “Consolidation”).
The record date of the Consolidation will be Wednesday, August 9, 2023 (the “Record Date”).
The name change was approved on July 21, 2023 by way of directors’ consent resolution in accordance with the Articles of the Company.
As a result of the Consolidation, the issued and outstanding Common Shares will be reduced to approximately 6,531,785.

Theratechnologies Completes 1-for-4 Reverse Stock Split

Retrieved on:

Monday, July 31, 2023

Computershare, Toronto Stock Exchange, EDGAR, Consolidation, TSX, DRS, Letter, Book, Holding company, Security (finance)

The Consolidation received the applicable regulatory approvals, including from the Toronto Stock Exchange (the “TSX”) and the Nasdaq Stock Market (“NASDAQ”).

Key Points:

The Consolidation received the applicable regulatory approvals, including from the Toronto Stock Exchange (the “TSX”) and the Nasdaq Stock Market (“NASDAQ”).
No shareholder approval was required for the Consolidation to come into effect.
The Company’s common shares began trading on the TSX and the NASDAQ on a consolidated basis on July 31, 2023.
Until surrendered, each stock certificate representing pre-Consolidation common shares will be deemed for all purposes to represent the number of whole post-Consolidation common shares to which the shareholder is entitled as a result of the Consolidation.

Theratechnologies Announces 1-for-4 Reverse Stock Split

Retrieved on:

Thursday, July 20, 2023

Computershare, Toronto Stock Exchange, Consolidation, Book, TSX, DRS, Listing Rules, News, Economics, Holding company, Security (finance), Auction

MONTREAL, July 20, 2023 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (“Theratechnologies”, the “Company”, or “we”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that its Board of Directors approved a consolidation of the issued and outstanding common shares of the Company’s share capital on the basis of one (1) post- consolidation share for each four (4) pre-consolidation shares issued and outstanding (the “Consolidation”).

Key Points:

The Consolidation will be effective July 31, 2023, subject to applicable regulatory approvals, including the Toronto Stock Exchange (the “TSX”) and the Nasdaq Stock Market (“NASDAQ”).
No shareholder approval will be required for the Consolidation to come into effect.
The Company expects its common shares will begin trading on the TSX and the NASDAQ on a consolidated basis on or about July 31, 2023.
Until surrendered, each stock certificate representing pre-Consolidation common shares will be deemed for all purposes to represent the number of whole post-Consolidation common shares to which the shareholder is entitled as a result of the Consolidation.

Goat Industries Announces Share Consolidation

Retrieved on:

Friday, July 14, 2023

Indian stock exchange, CSE, Canadian Securities Exchange, Date, Consolidation, Security (finance)

VANCOUVER, British Columbia, July 14, 2023 (GLOBE NEWSWIRE) -- Goat Industries Ltd. (the “Company” or “GOAT”) (CSE: GOAT) announce that pursuant to receipt of shareholder approval on July 11, 2023, the Company will be consolidating its issued and outstanding common shares (the “Share(s)”) on the basis of one (1) post-Consolidation Share for each one hundred (100) pre-Consolidation Shares (the “Consolidation”) effective July 20, 2023 (the “Record Date”).

Key Points:

VANCOUVER, British Columbia, July 14, 2023 (GLOBE NEWSWIRE) -- Goat Industries Ltd. (the “Company” or “GOAT”) (CSE: GOAT) announce that pursuant to receipt of shareholder approval on July 11, 2023, the Company will be consolidating its issued and outstanding common shares (the “Share(s)”) on the basis of one (1) post-Consolidation Share for each one hundred (100) pre-Consolidation Shares (the “Consolidation”) effective July 20, 2023 (the “Record Date”).
The Consolidation is expected to result in the number of issued and outstanding Shares being reduced from 328,167,950 pre-Consolidated Shares to approximately 3,281,680 post-Consolidation Shares.
Any fractions of a Share less than one half will be rounded down to the nearest whole number of Shares.
Any fractions of at least one half will be rounded up to the nearest whole Share.

Miramis to Consolidate Its Common Shares

Retrieved on:

Thursday, July 13, 2023

Exercise, ISIN, CUSIP, Letter, DRS, Transmittal document, Mining, Consolidation, Security (finance), Share (finance)

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Miramis Mining Corp. (the "Company") announces that, effective July 11, 2023, the Company has consolidated all of its issued and outstanding common shares (the "Shares") on the basis of one (1) post-consolidated Share for every two (2) pre-consolidated Shares held (the "Consolidation").

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Miramis Mining Corp. (the "Company") announces that, effective July 11, 2023, the Company has consolidated all of its issued and outstanding common shares (the "Shares") on the basis of one (1) post-consolidated Share for every two (2) pre-consolidated Shares held (the "Consolidation").
The new CUSIP number of the Shares will be 604665208 and the new ISIN number will be CA6046652088.
No fractional Shares have been issued under the Consolidation as fractional Shares were rounded either up or down to the nearest whole number of Shares.
After giving effect to the Consolidation, and as of the date hereof, the Company has 10,640,991 Shares issued and outstanding.

Infinity Stone Ventures Announces Consolidation of its Shares

Retrieved on:

Tuesday, July 11, 2023

CSE, Infinity Stones, Canadian Securities Exchange, FSE, Share (finance), Corporation, OTC, Consolidation, ISIN, CUSIP, DRS, Letter, Venture capital financing, Security (finance)

VANCOUVER, British Columbia, July 11, 2023 /PRNewswire/ -- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), announces it is consolidating all of its Class A Subordinate Voting shares ("Class A Shares") and Class B Super Voting Shares ("Class B Shares") on the basis of one post-consolidated Class A Share or Class B Share for every two pre-consolidated Class A Shares or Class B Shares held, as the case may be (the "Consolidation").

Key Points:

VANCOUVER, British Columbia, July 11, 2023 /PRNewswire/ -- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), announces it is consolidating all of its Class A Subordinate Voting shares ("Class A Shares") and Class B Super Voting Shares ("Class B Shares") on the basis of one post-consolidated Class A Share or Class B Share for every two pre-consolidated Class A Shares or Class B Shares held, as the case may be (the "Consolidation").
The Consolidation affects all the Company's Class A and Class B shares outstanding on July 14, 2023.
The Class B shares will be reduced to approximately 16,894 from 33,788, also subject to the treatment of fractional shares.
Infinity Stone's Class A Shares will continue to trade under the symbol "GEMS" and Infinity Stone's name will not change.

Infinity Stone Ventures Announces Consolidation of its Shares

Retrieved on:

Tuesday, July 11, 2023

CSE, Infinity Stones, Canadian Securities Exchange, FSE, Share (finance), Corporation, OTC, Consolidation, ISIN, CUSIP, DRS, Letter, Venture capital financing, Security (finance)

VANCOUVER, British Columbia, July 11, 2023 /PRNewswire/ -- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), announces it is consolidating all of its Class A Subordinate Voting shares ("Class A Shares") and Class B Super Voting Shares ("Class B Shares") on the basis of one post-consolidated Class A Share or Class B Share for every two pre-consolidated Class A Shares or Class B Shares held, as the case may be (the "Consolidation").

Key Points:

VANCOUVER, British Columbia, July 11, 2023 /PRNewswire/ -- Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), announces it is consolidating all of its Class A Subordinate Voting shares ("Class A Shares") and Class B Super Voting Shares ("Class B Shares") on the basis of one post-consolidated Class A Share or Class B Share for every two pre-consolidated Class A Shares or Class B Shares held, as the case may be (the "Consolidation").
The Consolidation affects all the Company's Class A and Class B shares outstanding on July 14, 2023.
The Class B shares will be reduced to approximately 16,894 from 33,788, also subject to the treatment of fractional shares.
Infinity Stone's Class A Shares will continue to trade under the symbol "GEMS" and Infinity Stone's name will not change.