IM Cannabis Corp. Initiates Consolidated Stock Trading
Company Announcements

IM Cannabis Corp. Initiates Consolidated Stock Trading

Story Highlights

IM Cannabis Corp (TSE:IMCC) has released an update.

IM Cannabis Corp., a prominent medical cannabis firm with operations in Israel and Germany, has begun trading its common shares on the Canadian Securities Exchange and Nasdaq on a 6:1 consolidated basis. The stock consolidation reduced the number of common shares and adjusted the terms of the company’s convertible securities accordingly. Shareholders will receive instructions on exchanging their shares, with no immediate action required from beneficial holders.

For further insights into TSE:IMCC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskIM Cannabis Corp. Plans Private Placement and Restructures Incentives
TipRanks Auto-Generated NewsdeskIM Cannabis Corp. Sees Soaring Q3 Growth in Germany
TheFlyIM Cannabis IMC Germany reported preliminary 50% increase in revenue
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App