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An announcement from Nuran Wireless ( (TSE:NUR) ) is now available.
NuRAN Wireless Inc. has announced a consolidation of its common shares at a ratio of one post-consolidated share for every 300 pre-consolidated shares, effective December 9, 2025. This move is part of a strategy to meet regulatory requirements for listing on a U.S. national securities exchange. Additionally, NuRAN is progressing with a restructuring transaction involving settlement and subscription agreements with debt holders and new investors, aiming to convert $26.3 million of debt into equity and raise $3.7 million for working capital. This restructuring is intended to improve the company’s balance sheet and financial position.
More about Nuran Wireless
NuRAN Wireless Inc. is a leading provider of mobile and broadband wireless infrastructure. The company focuses on delivering innovative solutions to enhance connectivity, particularly in underserved regions.
Average Trading Volume: 251,427
Technical Sentiment Signal: Sell
Current Market Cap: C$634.4K
See more insights into NUR stock on TipRanks’ Stock Analysis page.