00:30:24 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Datametrex AI Ltd
Symbol DM
Shares Issued 407,884,701
Close 2024-02-23 C$ 0.02
Market Cap C$ 8,157,694
Recent Sedar Documents

Datametrex CEO says share rollback "not on our agenda"

2024-02-26 11:57 ET - News Release

Mr. Charles Park reports

DATAMETREX RULES OUT REVERSE STOCK SPLIT

Datametrex AI Ltd. has no plans to implement a reverse stock split (also known as a share consolidation), in response to investor inquiries. This clarification comes as part of the company's continuing commitment to transparent and strategic decision-making in the best interests of its shareholders and the company's long-term objectives.

In keeping with corporate governance practices, Datametrex reaffirms that any future consideration of a reverse stock split would be subject to a special resolution, necessitating approval from shareholders at the annual general meeting (AGM) with at least a two-thirds approval.

Charles Park, chief executive officer of Datametrex, addressed the matter, stating: "We want to assure our investors that a reverse stock split is not on our agenda this year. Our focus remains steadfast on pursuing growth and enhancing shareholder value. Any significant future corporate actions will be communicated clearly and involve our shareholders, as they are integral to our decision-making process."

About Datametrex AI Ltd.

Datametrex is an innovative leader in technology solutions, artificial intelligence and health care. The company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.