Nov. 4 at 7:43 PM
$CANF
Special meeting to vote on reverse split is rescheduled to 11/10/2025, since quorum was not reached for the 11/3 meeting. Reverse split of 1:3000 applies to ordinary shares, not the ADRs. The ratio of ordinary shares to each ADR is 300:1, thus each ADR held represents 300 ordinary shares. So for ADRs that are held, the reverse split is 1:10, one new ADR for every 10 ADRs currently held. Assuming a pre-split ADR price of
$0.40, the post split price of the new ADR will be
$4.00, 10 old ADRs at
$0.40 for one new ADR at
$4.00.
