INEO Tech Corp. to Implement 1-for-10 Share Consolidation Effective June 4, 2026
INEO Tech Corp. will implement a share consolidation of its issued and outstanding common shares on a basis of one post-consolidation share for every 10 pre-consolidation shares, effective June 4, 2026. The company expects its common shares to begin trading on the TSX Venture Exchange on a post-consolidation basis when the market opens on that date.
The consolidation reduces the total number of issued and outstanding common shares from approximately 157.6 million to approximately 15.7 million. Shareholders of record will receive a letter of transmittal from the company’s transfer agent, Odyssey Trust Company, detailing the process for exchanging existing share certificates for new certificates representing the consolidated shares. The company will round down any fractional shares resulting from the consolidation to the nearest whole number, and it will not issue any cash payments in lieu of fractional shares.
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Date: June 2, 2026
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