Akanda Corp (AKAN) Announces 1:40 Reverse Share Split
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Akanda Announces Stock Consolidation
May 21, 2024 8:02 AM EDTLondon, United Kingdom--(Newsfile Corp. - May 21, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, reported that it expects to implement a 1-for-40 reverse stock split on its ordinary shares effective May 23, 2024, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the ordinary shares will continue on The Nasdaq Capital Market under the symbol "AKAN". The new CUSIP number for the ordinary shares following the reverse stock split is 00971M304.
Upon the effectiveness of the reverse stock split, every... More
