TAAT® Global Alternatives Inc. Announces Share Consolidation
LAS VEGAS and VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- TAAT® GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT®”) announces that, pursuant to directors’ resolutions, the Company will be consolidating all of its issued and outstanding share capital (the “Common Shares”) on the basis of every ten (10) old Common Shares into one (1) new Common Share (the “Share Consolidation”), effective October 3, 2023 (the “Record Date”).
- LAS VEGAS and VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- TAAT® GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT®”) announces that, pursuant to directors’ resolutions, the Company will be consolidating all of its issued and outstanding share capital (the “Common Shares”) on the basis of every ten (10) old Common Shares into one (1) new Common Share (the “Share Consolidation”), effective October 3, 2023 (the “Record Date”).
- As a result of the Share Consolidation, the issued and outstanding Common Shares will be reduced to approximately 11,556,246.
- No fractional shares will be issued as a result of the Share Consolidation.
- The exercise or conversion price and the number of Common Shares issuable under any of the Company’s outstanding convertible securities will be proportionately adjusted upon the Share Consolidation.