Aurora Hashish Inc. has introduced a plan to consolidate its shares on a one-for-10 foundation.
The corporate says it expects the transfer will restore compliance with Nasdaq itemizing guidelines and make sure the firm continues to have entry to a variety of institutional traders.
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The plan, which is topic to regulatory and inventory alternate approvals, is predicted to be efficient on or about Feb. 20.
Aurora shares closed down a penny at 53 cents in buying and selling on the Toronto Inventory Change on Tuesday.
The choice comes after the corporate consolidated its shares on a one-for-12 foundation in 2020.
Aurora at present has 475,903,822 widespread shares excellent.
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