Water Ways Technologies Seeks Shareholder Approval for Share Consolidation

Water Ways Technologies ( (TSE:WWT) ) has shared an announcement.

Water Ways Technologies Inc. has announced a special shareholder meeting scheduled for July 14, 2025, to seek approval for a potential consolidation of its common shares. The proposed consolidation, which would convert up to ten pre-consolidation shares into one post-consolidation share, aims to enhance the company’s capital structure and broaden its investor base. If approved, the consolidation would reduce the number of outstanding shares from approximately 148.8 million to 14.9 million, with no fractional shares issued. The company’s shares will continue to trade under the symbol ‘WWT’ on the TSX Venture Exchange, and the consolidation is subject to regulatory and shareholder approval.

Spark’s Take on TSE:WWT Stock

According to Spark, TipRanks’ AI Analyst, TSE:WWT is a Underperform.

Water Ways Technologies’ stock is heavily impacted by severe financial challenges, including declining revenues and negative equity. The lack of technical analysis signals and poor valuation metrics further reflect significant risks. Without earnings call insights or corporate events to alter this perspective, the stock remains unattractive.

To see Spark’s full report on TSE:WWT stock, click here.

More about Water Ways Technologies

Water Ways Technologies Inc. is a Canadian provider of Israeli-based agriculture technology, specializing in water irrigation solutions for agricultural producers in Canada and the USA. The company focuses on leveraging micro and smart irrigation technologies for projects such as vineyards, blueberries, and fresh produce cooling rooms.

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$743.9K

Learn more about WWT stock on TipRanks’ Stock Analysis page.