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Alpha Esports Tech ( (TSE:AIC) ) has issued an announcement.
AlphaGen Intelligence Corp. announced a consolidation of its common shares, converting every twenty pre-Consolidation shares into one post-Consolidation share. This move, subject to approval by the Canadian Securities Exchange, aims to streamline the company’s share structure, reducing the number of outstanding shares from 97,719,157 to 4,885,946. The consolidation is expected to impact trading dynamics and shareholder processes, as new share certificates will be issued, and adjustments will be made to convertible securities.
More about Alpha Esports Tech
AlphaGen Intelligence Corp. is a publicly traded company involved in AI technology for 3D content, gaming, entertainment, and retail. It operates through units like Shape Immersive, a metaverse studio, and MANA, a SaaS solution for gaming platforms. The company collaborates with notable clients such as RTFKT, Olympics, Red Bull, Intel, and TED.
YTD Price Performance: -25.00%
Average Trading Volume: 351,871
Technical Sentiment Signal: Hold
Current Market Cap: C$1.46M
See more data about AIC stock on TipRanks’ Stock Analysis page.
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