Cypher Metaverse Inc (TSE:CODE) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Cypher Metaverse Inc. plans to consolidate its common shares and outstanding warrants at a 15-to-1 ratio, reducing the total number of shares significantly. This move, approved by the company’s shareholders and board, aims to give Cypher Metaverse more flexibility in seeking financing opportunities. The company’s shares remain halted pending approval from the Canadian Securities Exchange.
For further insights into TSE:CODE stock, check out TipRanks’ Stock Analysis page.
