Bluesky Digital Assets (TSE:BTC) has released an update.
Bluesky Digital Assets Corp., a leader in AI and Blockchain technology solutions, has announced a share consolidation that will see each seven existing shares combined into one new share effective June 7, 2024. This strategic move, supported by shareholders and pending Canadian Securities Exchange approval, aims to position the company for future recapitalization and growth through potential acquisitions. Post-consolidation, Bluesky will continue trading under its current symbols, with a significantly reduced total number of shares from 176 million to approximately 25 million.
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