SplitJun 11, 2026, 04:12 PM
Vireo Growth Announces 30-for-1 Share Consolidation
AI Summary
Vireo Growth Inc. announced a 30-for-1 share consolidation, effective at market open on June 5, 2026. Shareholders approved a proposal for a share consolidation within a range of 20-for-1 to 40-for-1 on May 29, 2026, with the Board subsequently approving the 30-for-1 ratio on June 1, 2026. This action will reduce the number of outstanding subordinate voting shares from 1,455,017,319 to approximately 48,500,577 and multiple voting shares from 232,490 to approximately 7,749, with no fractional shares to be issued. The company's shares will continue to trade under existing symbols but with new ISIN/CUSIP numbers.
Key Highlights
- Shareholders approved a share consolidation range of 20-for-1 to 40-for-1 on May 29, 2026.
- Board approved a 30-for-1 share consolidation ratio on June 1, 2026.
- Share consolidation effective at market open on record date June 5, 2026.
- Subordinate voting shares reduced from 1,455,017,319 to approximately 48,500,577.
- Multiple voting shares reduced from 232,490 to approximately 7,749.
- No fractional shares will be issued; shares will be rounded down.
- New ISIN CA92767B2049 and CUSIP 92767B204 for subordinate voting shares.
Price Impact
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