Callitas Health starts trading with new name and symbol
Callitas Health Inc’s (CNSX:LILY) name change from M Pharmaceutical Inc took effect from today (September 20) along with its one-for-10 share consolidation.
The new trading symbol is LILY.
Shareholders will have one-tenth the number of shares they used to hold, but the value of their stakes will be unchanged as the share value will multiply by 10 to compensate.
The outstanding shares of the company will be reduced to around 32.462mln.
As reported previously, the change means that certain investors who were unable to invest when the company’s shares were trading at less than 10 cents will now be able to do so.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/184314/callitas-health-starts-trading-with-new-name-and-symbol-184314.html
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