Etherstack (ASX:ESK) clarified that in its April 24, 2024, announcement it erroneously referred to fully-paid ordinary shares being canceled, when in fact it was the firm's Chess depository interests in respect of those ordinary shares that were canceled, according to a Friday Australian bourse filing.

The ordinary shares that were linked to the canceled Chess depository interests remain on issue, and are currently being held by the depositary, the filing said.

Its shares fell 3% in recent trading on Friday.