Crypto mining company Cathedra Bitcoin announces completion of share consolidation
On October 16, it was reported that bitcoin mining company Cathedra Bitcoin Inc. (TSXV:CBIT) (OTCQB:CBTTF) announced the completion of its previously announced 30:1 share consolidation. The record date for the share consolidation was October 14, and it officially took effect on October 15. No fractional shares were issued during the consolidation process; any fractional shares resulting from the consolidation were rounded down to the nearest whole share. This share consolidation applies uniformly to all shareholders and does not alter any shareholder's proportional ownership in the company, except for the loss of fractional shares due to rounding.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Negotiations on the US crypto market structure bill continue and may be postponed until next year
The U.S. Senate Banking Committee may postpone the review of the "Cryptocurrency Market Structure Bill" until 2026.
Bitcoin mining company Cango's total BTC holdings surpass 7,100, with 131 mined this week
Suspected TANSSI team mints 45 million tokens, just three weeks after the last large issuance
