DFSC · DEFSEC Technologies Inc.
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The share-count change may help DEFSEC meet Nasdaq's minimum bid-price rule and keep its listing. But changing the number of shares does not change the company's operations.
DEFSEC plans a 9-to-1 share consolidation to help meet Nasdaq's minimum bid-price rules. It changes the share count, not the business, and both exchanges still need to approve it.
The share-count change may help DEFSEC meet Nasdaq's minimum bid-price rule and keep its listing. But changing the number of shares does not change the company's operations.
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