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COSCIENS Biopharma completes share consolidation and split, adjusting shareholder interests and preparing to suspend US reporting.

Company Fundamentals
03 Jul 2026
GlobeNewsWire
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Neutral
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COSCIENS Biopharma finalized a share capital amendment involving a consolidation of 150 pre-consolidation shares into one post-consolidation share, followed by a split of 50 shares for each post-consolidation share. Shareholders with fewer than 150 shares received a cash payment, while others had their holdings reduced by a factor of three. The company's shares will resume trading on the TSX under the same symbol within two business days. COSCIENS plans to file a Form 15 to suspend its US Securities and Exchange Commission reporting obligations, marking a strategic shift in its regulatory reporting.

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