SplitJun 17, 2026, 11:21 AM
Curaleaf Completes 1-for-3 Reverse Stock Split
AI Summary
Curaleaf Holdings, Inc. announced the completion of a 1-for-3 reverse stock split of its issued and outstanding subordinate voting shares, effective June 5, 2026. Concurrently, the company also consolidated its multiple voting shares at the same 1-for-3 ratio to maintain relative shareholder rights. This action reduced the number of outstanding subordinate voting shares from approximately 698.7 million to 232.9 million.
Key Highlights
- Curaleaf completed a 1-for-3 reverse stock split of its subordinate voting shares.
- The company also effected a concurrent 1-for-3 consolidation of its multiple voting shares.
- Subordinate Voting Shares commenced trading on a post-split basis on June 5, 2026.
- Pre-split, there were 698,731,895 Subordinate Voting Shares outstanding.
- Post-split, there are approximately 232,910,632 Subordinate Voting Shares outstanding.
- Fractional shares were rounded up if 0.5 or greater, and rounded down if less than 0.5.
- New CUSIP number is 23126M300 and new ISIN number is CA23126M3003.
Price Impact
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