CLS Holdings USA Inc. Announces 4 Million-to-1 Reverse Stock Split and Delisting from CSE
Reuters
Jul 10, 2025
CLS Holdings USA Inc. Announces 4 Million-to-1 Reverse Stock Split and Delisting from CSE
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.
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