DeepMarkit evaluating implementation of approved share consolidation to support growth

Published 2 months ago Positive
DeepMarkit evaluating implementation of approved share consolidation to support growth
Auto
* DeepMarkit (TSXV:MKT:CA [https://seekingalpha.com/symbol/MKT:CA]) (OTC: OTCQB:MKTDF [https://seekingalpha.com/symbol/MKTDF]) (FRA: DEP) said on Wednesday that it is actively evaluating the implementation of a previously approved two-for-one share consolidation.
* The consolidation was approved by shareholders on March 31, 2025.
*
The board believes the consolidation could improve the perceived value and marketability of its common shares to institutional and strategic investors.

*
It may also support future acquisitions by strengthening the company’s capital structure and help ensure compliance with exchange policies related to minimum share price thresholds.

* This would give shareholders one post-consolidation share for every two shares held.
*
The consolidation may occur at any time prior to March 31, 2026; subject to TSX Venture Exchange approval and board discretion.

* Additional details will be provided if the consolidation is executed.
* MKTDF closed +6.7% at $0.0494.
* Source: Press Release [https://seekingalpha.com/pr/20220421-deepmarkit-evaluating-implementation-of-approved-share-consolidation-to-support-strategic]

MORE ON DEEPMARKIT CORP.

* Financial information for DeepMarkit Corp. [https://seekingalpha.com/symbol/MKT:CA/income-statement]