Waverunner Capital (TSE:WRUN) has released an update.
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Waverunner Capital Inc. plans to propose a share consolidation at its upcoming Annual General and Special Meeting, aiming to improve its financial position and flexibility for future financing. The consolidation will potentially convert every fifteen existing common shares into one new share. This strategy is part of the company’s broader investment approach, focusing on a variety of industries and providing advisory services to promising early-stage companies.
For further insights into TSE:WRUN stock, check out TipRanks’ Stock Analysis page.