Merger Announcement: Aether Global Innovations Corporation Unites for Strengthened Operations
Aether Global Innovations Corp., a Canadian-based company, has announced a share consolidation that will take effect on August 12, 2025. The consolidation aims to adjust the number of shares in circulation.
The consolidation will be on a 1-for-10 basis, meaning every 10 pre-consolidation shares will be combined into 1 post-consolidation share. This move will reduce the number of outstanding shares to approximately 12,480,456 common shares.
Trading of the company's shares will resume under the same company name and trading symbol (AETH) but with new security identifiers (CUSIP and ISIN). The new CUSIP number is 00810E 20 8, and the new ISIN number is CA 00810E 20 8 7.
Shareholders holding pre-consolidation shares will be required to submit their old certificates along with a letter of transmittal to the transfer agent, Computershare, to receive new post-consolidation share certificates or Direct Registration Advice.
Regarding open orders and trading, it is standard market practice for such consolidations to automatically adjust open buy and sell orders on the exchange by the consolidation ratio. Although the sources do not explicitly state how open orders were handled in this case, it is expected that this adjustment has been made to preserve order value and prevent disruption.
Dealers are reminded to re-enter their orders considering the share consolidation. For any questions or further information, contact Listings at (416) 367-7340 or E-mail: [email protected].
The consolidation will take effect after the close of business on a date to be announced by Aether Global Innovations Corp. Trading on a Consolidated Basis will commence on August 12, 2025. The Record Date for the share consolidation is also August 12, 2025.
The company's name will not change after the consolidation, and the anticipated Payment Date/Date de Paiement Prévue for the share consolidation is August 12, 2025. The news source for this information is Newsfile via QuoteMedia.
With the share consolidation taking effect on August 12, 2025, Aether Global Innovations Corp. aims to restructure its business by reducing the number of shares in circulation, which will impact both the finance and investing scene in the company. This move is expected to streamline the process for dealers, as they will need to re-enter their orders considering the consolidation ratio.
