AlphaGen Announces Share Consolidation
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AlphaGen Intelligence Corp. will consolidate its common shares on a 20-for-1 basis, reducing outstanding shares from 97,719,157 to 4,885,946. The consolidation will take effect on April 4, 2025, with trading to commence on the Canadian Securities Exchange under the same ticker symbols.
March 31, 2025 | 11:45 pm
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NEUTRAL IMPACT
The 20-for-1 share consolidation will proportionally reduce outstanding shares and adjust convertible securities' exercise prices, potentially improving stock perception.
Share consolidation is a technical action that doesn't inherently change company value. It can sometimes improve stock perception by reducing share count, but doesn't alter fundamental business metrics.
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RELEVANCE 100