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CLS Holdings USA Inc ( (TSE:CLSH) ) has issued an announcement.
CLS Holdings USA, Inc. held a special meeting of stockholders on June 24, 2025, where a significant proposal was approved. The proposal involved a reverse stock split at a ratio of 1 for 4,000,000, which was overwhelmingly supported by 94.27% of the votes. This move will reduce the number of shareholders to fewer than 15, allowing the company to deregister under the Securities Exchange Act and cease reporting obligations in both the United States and Canada.
More about CLS Holdings USA Inc
Average Trading Volume: 23,542
Technical Sentiment Signal: Sell
Current Market Cap: C$8.05M
For an in-depth examination of CLSH stock, go to TipRanks’ Overview page.