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Pegasus Mercantile Announces Share Consolidation Effective January 31, 2025

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Pegasus Mercantile Announces Share Consolidation Effective January 31, 2025

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Xtacy Therapeutics ( (TSE:LOAN) ) has shared an announcement.

Pegasus Mercantile Inc., previously known as Xtacy Therapeutics Corp., announced the consolidation of its common shares, effective January 31, 2025, at a ratio of one post-consolidation share for every five pre-consolidation shares. This move, while maintaining the company’s name and trading symbol, is expected to streamline share trading on the Canadian Securities Exchange and potentially enhance company value for shareholders.

More about Xtacy Therapeutics

Pegasus Mercantile is a prospect generator that supports high growth companies with financial, operational, and management assistance, focusing on the rapidly expanding market for consumer products, particularly in the global wellness and healthcare sectors.

YTD Price Performance: -15.00%

Average Trading Volume: 100,891

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.2M

Find detailed analytics on LOAN stock on TipRanks’ Stock Analysis page.

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