Akanda Corp (AKAN) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Akanda Corp. is set to execute a 1-for-2 reverse stock split on November 14, 2024, reducing its outstanding common shares from approximately 4.1 million to 2.0 million. This move, approved by the company’s shareholders and Board of Directors, aims to consolidate shares without affecting individual shareholder stakes. The adjusted trading will begin under the same ticker symbol ‘AKAN’, as the company seeks to streamline its share structure.
For further insights into AKAN stock, check out TipRanks’ Stock Analysis page.