Eguana Announces Effective Date of Consolidation
Eguana Technologies (TSXV: EGT) (OTCQB: EGTYF) has received approval from the TSX Venture Exchange for a 10:1 share consolidation. The consolidation will be effective April 4, 2025, with the company trading under new CUSIP/ISIN numbers 282365501/CA2823655014.
Under this consolidation, the company's 451,956,022 outstanding common shares will be reduced to approximately 45,195,602 shares. Shareholders' percentage ownership and proportionate voting power will remain unchanged, except for minor adjustments related to fractional shares.
Eguana Technologies (TSXV: EGT) (OTCQB: EGTYF) ha ricevuto l'approvazione dalla TSX Venture Exchange per una consolidazione delle azioni 10:1. La consolidazione sarà effettiva dal 4 aprile 2025, con l'azienda che scambierà sotto nuovi numeri CUSIP/ISIN 282365501/CA2823655014.
Con questa consolidazione, le 451.956.022 azioni ordinarie in circolazione dell'azienda saranno ridotte a circa 45.195.602 azioni. La percentuale di possesso degli azionisti e il potere di voto proporzionale rimarranno invariati, eccetto per lievi aggiustamenti relativi alle azioni frazionarie.
Eguana Technologies (TSXV: EGT) (OTCQB: EGTYF) ha recibido la aprobación de la TSX Venture Exchange para una consolidación de acciones 10:1. La consolidación será efectiva el 4 de abril de 2025, y la compañía cotizará bajo nuevos números CUSIP/ISIN 282365501/CA2823655014.
Con esta consolidación, las 451,956,022 acciones ordinarias en circulación de la compañía se reducirán a aproximadamente 45,195,602 acciones. El porcentaje de propiedad de los accionistas y el poder de voto proporcional permanecerán sin cambios, excepto por ajustes menores relacionados con acciones fraccionarias.
에구아나 테크놀로지스 (TSXV: EGT) (OTCQB: EGTYF)가 TSX 벤처 거래소로부터 10:1 주식 통합 승인을 받았습니다. 이 통합은 2025년 4월 4일부터 시행되며, 회사는 새로운 CUSIP/ISIN 번호인 282365501/CA2823655014로 거래됩니다.
이번 통합에 따라 회사의 451,956,022주의 보통주가 약 45,195,602주로 줄어듭니다. 주주들의 소유 비율과 비례 투표 권한은 변동이 없으며, 단지 소수점 주식과 관련된 소소한 조정이 있을 것입니다.
Eguana Technologies (TSXV: EGT) (OTCQB: EGTYF) a reçu l'approbation de la TSX Venture Exchange pour une consolidation d'actions 10:1. La consolidation sera effective le 4 avril 2025, avec la société qui échangera sous de nouveaux numéros CUSIP/ISIN 282365501/CA2823655014.
Dans le cadre de cette consolidation, les 451.956.022 actions ordinaires en circulation de la société seront réduites à environ 45.195.602 actions. Le pourcentage de propriété des actionnaires et le pouvoir de vote proportionnel resteront inchangés, sauf pour de légers ajustements liés aux actions fractionnaires.
Eguana Technologies (TSXV: EGT) (OTCQB: EGTYF) hat die Genehmigung der TSX Venture Exchange für eine 10:1 Aktienkonsolidierung erhalten. Die Konsolidierung wird am 4. April 2025 wirksam, wobei das Unternehmen unter den neuen CUSIP/ISIN-Nummern 282365501/CA2823655014 gehandelt wird.
Im Rahmen dieser Konsolidierung werden die 451.956.022 ausstehenden Stammaktien des Unternehmens auf etwa 45.195.602 Aktien reduziert. Der prozentuale Anteil der Aktionäre und die proportionale Stimmkraft bleiben unverändert, abgesehen von geringfügigen Anpassungen im Zusammenhang mit Bruchaktien.
- None.
- Implementation of 10:1 share consolidation suggests potential listing compliance issues or stock price concerns
Calgary, Alberta--(Newsfile Corp. - April 2, 2025) - Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) ("Eguana" or the "Company"), a leading provider of high-performance energy storage systems, is pleased to announce it has received approval from the TSX Venture Exchange to consolidate the Company's common shares on the basis of one new common share for every ten outstanding common shares (the "Consolidation").
The Consolidation will take effect at the start of trading on or about Friday, April 4, 2025, and the Company will trade under new CUSIP/ISIN numbers 282365501/CA2823655014. As a result of the Consolidation, the 451,956,022 common shares issued and outstanding prior to the Consolidation will be reduced to approximately 45,195,602 common shares. Each shareholder's percentage ownership in the Company and proportionate voting power will remain unchanged after the Consolidation, except for minor changes and adjustments resulting from the treatment of any fractional common shares.
Additional details about the Consolidation can be found in the Company's news release dated March 20, 2025, and in the Company's management information circular dated August 16, 2024, which are available on Eguana's SEDAR+ profile at www.sedarplus.ca.
About Eguana Technologies Inc.
Eguana's vision is to build the grid of the future by delivering flexible, modular, and cost-effective alternatives to traditional grid upgrades. Our technology provides value to all key stakeholders - from the consumer, to the electricity retailer, the distribution utility, and the system operator.
Since 1998, Eguana Technologies Inc. has connected utilities with consumers through its high-performance commercial and residential energy storage solutions. The Eguana product suite has been designed from the ground up with both the end user and the utility in mind to transition the power grid seamlessly.
Manufactured in local facilities in North America to ensure compliance and quality, Eguana's standardized platform allows the flexibility to ensure each product solution is optimized for use in major grid modernization markets.
To learn more, visit www.EguanaTech.com or follow us on LinkedIn and @EguanaTech on X.
Company Inquiries
Justin Holland, CEO
Eguana Technologies Inc.
+1.416.728.7635
Justin.Holland@EguanaTech.com
Forward Looking Statements
The reader is advised that all information herein, other than statements of historical fact, may constitute forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning assigned by National Instrument 51-102 - Continuous Disclosure Obligations and other relevant securities legislation.
Certain information in this news release includes statements about management's view of future events, expectations, plans, and prospects that constitute forward-looking statements, including, but not limited to: the effective date of the Consolidation; the number of Common Shares outstanding following the Consolidation; and the receipt of final approval of the Consolidation from TSX Venture Exchange. These statements are based on assumptions subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct.
Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties. Many factors could cause the Company's actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by forward-looking statements. Such factors include, but are not limited to, the factors set out in the "Risk Factors" section of the Company's management's discussion and analysis for the three and six months ended June 30, 2024 and Company's management's discussion and analysis for the year ended December 31, 2023, which may be found on its website or at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to forward-looking statements contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247173
FAQ
When will Eguana Technologies (EGTYF) share consolidation take effect?
What is the ratio of Eguana Technologies (EGTYF) share consolidation?
How many shares will EGTYF have after the consolidation?
Will the EGTYF share consolidation affect shareholders' ownership percentage?
