05:43:19 EDT Thu 20 Jun 2024
Enter Symbol
or Name

Login ID:
Plantx Life Inc (3)
Symbol VEGA
Shares Issued 30,423,688
Close 2024-05-15 C$ 0.025
Market Cap C$ 760,592
Recent Sedar Documents

Plantx Life to roll back shares 1:50 May 22

2024-05-17 13:59 ET - News Release

Mr. Lorne Rapkin reports


PlantX Life Inc. will complete a consolidation of the authorized and issued common shares of the company on the basis of one postconsolidated common share for each 50 preconsolidated common shares.

Prior to the consolidation, the company had 34,423,688 preconsolidation common shares issued and outstanding. Following the consolidation, the company will have approximately 688,473 postconsolidation common shares issued and outstanding. No fractional common shares will be issued upon the consolidation. In the event a holder of common shares would otherwise be entitled to receive a fractional common share in connection with the consolidation, the number of common shares to be received by such shareholder will be rounded down to the next whole number.

The consolidation was approved by the company's shareholders at the annual general and special meeting of the company's shareholders held on May 3, 2024. Outstanding PlantX stock options and share purchase warrants will also be adjusted by the consolidation ratio, and the respective exercise prices of outstanding options and share purchase warrants will be adjusted accordingly.

The record date of the consolidation is May 23, 2024, and, effective at the opening of markets on May 22, 2024, the common shares will commence trading on the Canadian Securities Exchange on a postconsolidation basis under the existing ticker symbol VEGA. The new CUSIP number will be 72750P600 and the new ISIN will be CA72750P6003.

The consolidation is subject to the approval of the Canadian Securities Exchange.

We seek Safe Harbor.

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