CLS Holdings USA Inc. announced that its shareholders have approved a reverse stock split, consolidating shares on a basis of one post-Consolidation share for every 4,000,000 pre-Consolidation shares. The decision was made during a special meeting on July 24, 2025. The effective date for the consolidation is set for the close of business on July 11, 2025. Following the consolidation, CLS Holdings intends to delist its shares from the Canadian Securities Exchange. Fractional shares will not be issued; instead, shareholders will receive a cash payment for any fractional shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CLS Holdings USA Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 258280) on July 09, 2025, and is solely responsible for the information contained therein.