IM Cannabis宣布1比30合并后股价下跌

2026-08-19 05:12

IM Cannabis (IMCC) announced on Tuesday that its board approved a 1-for-30 share consolidation, expected to take effect on Aug. 27, 2026.
Shares are expected to begin trading on Nasdaq on Aug. 27 on a post-consolidation basis, with the company retaining its IMCC ticker and name, subject to final Nasdaq confirmation.
The consolidation is expected to reduce outstanding shares from about 18.12M to 603.92K.
The main purpose of the move is to increase the stock’s per-share price and regain compliance with Nasdaq’s $1 minimum bid-price requirement.
The company has until Oct. 6, 2026, to regain compliance. It must maintain a closing bid price of at least $1 for 10 consecutive business days.
The company said there is no assurance that the consolidation will restore compliance or maintain its Nasdaq listing.
On the market side, the stock crashed ~12.30% to ~$0.092 in the after hours.
Source: Press Release

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