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The latest announcement is out from Akanda Corp ( (AKAN) ).
Akanda Corp. held a Special Meeting of Shareholders on August 29, 2025, where a proposal was approved to amend the company’s articles to create new classes of special and preferred shares. The approval allows Akanda to issue 144,930 Class A Special Shares, reflecting a recent reverse stock split, in line with the Share Exchange Agreement. This decision is expected to impact the company’s capital structure and potentially enhance its market positioning by providing greater flexibility in its financial operations.
More about Akanda Corp
Average Trading Volume: 110,480
Technical Sentiment Signal: Sell
Current Market Cap: $2.93M
Learn more about AKAN stock on TipRanks’ Stock Analysis page.