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Akanda Corp. to implement 1-for-4.5 reverse stock split on April 13, 2026, reducing shares outstanding.

Company Fundamentals
09 Apr 2026
Newsfile Corp
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Neutral
pluang ai news

Akanda Corp. announced a 1-for-4.5 reverse stock split effective April 13, 2026, consolidating every 4.5 shares into one to reduce the total shares outstanding from about 2.4 million to approximately 534,400. This move was approved by shareholders in November 2025 and the board in March 2026. The reverse split will not change shareholders' percentage ownership but will adjust options and warrants proportionally. Shareholders holding shares through brokers need not take action, while certificate holders will receive instructions for exchange. This aims to streamline the company's share structure and maintain Nasdaq listing standards.

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Light Up Chinatown! 2026 festival returns to Vancouver with food, music, and community events on August 8-9.

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Travelers are more strategic with rewards programs, seeking value and ease amid rising loyalty challenges.

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Health plan cuts machine-readable file production from 45 days to under 24 hours with TALON integration

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