KWESST Micro Systems (TSE:KWE) has released an update.
KWESST Micro Systems Inc. has announced a share consolidation that will convert ten pre-consolidation shares into one post-consolidation share, pending TSX Venture Exchange approval. This strategic move aims to maintain compliance with NASDAQ’s minimum bid price requirements without requiring a special shareholders’ meeting. The company specializes in advanced tactical systems for military and security forces.
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