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Pegasus Mercantile Announces Share Consolidation Plan

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Pegasus Mercantile Announces Share Consolidation Plan

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

Pegasus Mercantile Inc. has announced a share consolidation plan, converting five pre-consolidation shares into one post-consolidation share. This decision, approved by the board and pending approval from the Canadian Securities Exchange, aims to streamline the company’s share structure without a name change, potentially impacting its market positioning and shareholder value.

More about Xtacy Therapeutics

Pegasus Mercantile is a prospect generator that assists high growth companies with financial, operational, and management support in the consumer products market. The company focuses on global wellness and healthcare-related target companies.

YTD Price Performance: 25.00%

Average Trading Volume: 117,535

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.21M

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

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