KWESST Micro Systems (TSE:KWE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into TSE:KWE stock, check out TipRanks’ Stock Analysis page.