Eve & Co Announces Share Consolidation
Incorporated (TSXV: EVE) (OTCQX: EEVVF) (the Company or Eve & Co) announces that it has filed articles of amendment to consolidate the Companys issued and outstanding common shares on the basis of one (1) new common share for every ten (10) existing common shares (the Consolidation).
- Incorporated (TSXV: EVE) (OTCQX: EEVVF) (the Company or Eve & Co) announces that it has filed articles of amendment to consolidate the Companys issued and outstanding common shares on the basis of one (1) new common share for every ten (10) existing common shares (the Consolidation).
- As a result of the Consolidation, the 287,867,172 common shares issued and outstanding prior to the Consolidation have been reduced to approximately 28,786,717 common shares (disregarding the treatment of any resulting fractional common shares).
- Where the Consolidation would otherwise result in a shareholder being entitled to a fractional common share, the number of post-Consolidation common shares issued to such shareholder shall be rounded down to the nearest whole number of common shares.
- Shareholder approval of the Consolidation was obtained at the Companys annual and special meeting of shareholders held on June 25, 2020.