IM Cannabis Corp (TSE:IMCC) has released an update.
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IM Cannabis Corp., a prominent medical cannabis provider in Israel and Germany, has announced a share consolidation plan approved by its Board, to be effective on July 12, 2024. This action will convert every six pre-consolidation shares into one post-consolidation share, resulting in a total reduction from 13,394,136 to 2,232,357 Common Shares. Shareholders will receive instructions for the exchange of their shares, with no changes to the company’s name or stock symbols.
For further insights into TSE:IMCC stock, check out TipRanks’ Stock Analysis page.
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