Aterian PLC (GB:ATN) has released an update.
Aterian PLC, a critical metal-focused exploration and development company, announced successful results from its Annual General Meeting with all resolutions passed, including the approval for share restructuring. The restructuring includes a subdivision and conversion of existing shares followed by a consolidation on a 100 to 1 basis, resulting in a new issued share capital structure effective June 11, 2024. Shareholders are advised to use the new total of 10,891,710 New Ordinary Shares as the denominator for any notifications of interest changes in the company’s share capital.
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