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An update from Liberty Defense Holdings ( (TSE:SCAN) ) is now available.
Liberty Defense Holdings will consolidate its common shares on a 45-to-1 basis effective March 13, 2026, a move approved by shareholders and aligned with TSX Venture Exchange requirements. The consolidation will reduce the number of outstanding shares to about 1.98 million, with no change to the company name and new CUSIP and ISIN identifiers assigned to the post-consolidation stock.
Fractional shares will be rounded up or cancelled based on a one-half share threshold, and all outstanding convertible securities, including listed warrants trading under SCAN.WT, will be proportionately adjusted. The warrant exercise terms will change so that 45 warrants collectively convert into one post-consolidation share at an adjusted exercise price, while registered shareholders with physical certificates must exchange them, and beneficial holders through brokers will see the changes processed automatically.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Spark’s Take on TSE:SCAN Stock
According to Spark, TipRanks’ AI Analyst, TSE:SCAN is a Neutral.
The score is primarily weighed down by severe financial weakness (declining revenue, large losses, and negative equity). Technicals are also bearish with the stock trading below major moving averages, though oversold indicators slightly temper the downside. Valuation provides limited support given the negative P/E and lack of dividend yield.
To see Spark’s full report on TSE:SCAN stock, click here.
More about Liberty Defense Holdings
Liberty Defense Holdings is a technology company specializing in AI-based, next-generation security detection solutions for concealed weapons and threats. Its multi-technology systems, including the HEXWAVE platform licensed from MIT and newly added millimeter wave body and shoe scanners, target high-traffic, high-security venues such as airports, stadiums, and schools.
Average Trading Volume: 285,644
Technical Sentiment Signal: Sell
Current Market Cap: C$14.73M
See more insights into SCAN stock on TipRanks’ Stock Analysis page.