Darelle Online Solutions (TSE:DAR) has released an update.
Darelle Online Solutions Inc. announces a planned share consolidation to enhance corporate flexibility and make its capital structure more appealing to investors. The consolidation ratio will range between ten to thirty pre-consolidation shares for one post-consolidation share. The move, subject to shareholder and TSX Venture Exchange approval, will substantially reduce the number of outstanding shares from over 73 million to approximately 2.5 million.
For further insights into TSE:DAR stock, check out TipRanks’ Stock Analysis page.
