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Liberty Announces Effective Date of Consolidation
Liberty Announces Effective Date of Consolidation Canada NewsWire /NOT FOR DIST...
About this update from Liberty Defense Holdings Ltd.
[{"type":"text","content":"\n\n\n\n Liberty Announces Effective Date of Consolidation\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n VANCOUVER, BC\n \n and\n \n WILMINGTON, Mass.\n \n\n ,\n \n\n Nov. 20, 2024\n \n\n /CNW/ -\n \n Liberty Defense Holdings Ltd.\n \n (\"Liberty\" or the \"Company\") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, announces that further to its news release dated\n \n November 12, 2024\n \n , the Company will implement the consolidation of its common shares in the capital of the Company (the \"\n \n Shares\n \n \") on the basis of ten (10) pre-consolidation Shares for every one (1) post-consolidation Share (the \"\n \n Consolidation\n \n \") effective as of\n \n November 26, 2024\n \n .\n \n\n\n\n\n\n\n\n\n The Company name will remain unchanged after the Consolidation. The new CUSIP number will be 53044R883 and the new ISIN number will be CA53044R8893 for the post-Consolidation Shares.\n \n\n The total issued and outstanding number of Shares post-Consolidation will be approximately 16,756,847, after rounding for fractional Shares.\n \n\n No fractional Shares will be issued in connection with the Consolidation. In the event a holder of Shares would otherwise be entitled to receive a fractional Share in connection with the Consolidation, the fractional Share will be cancelled if it is less than one-half (1/2) of a Share and will be changed to one whole Share if that fractional Share is equal to or greater than one-half (1/2) of a Share.\n \n\n The exercise or conversion price, and the number of Shares issuable under any of the Company's outstanding convertible securities, if any, will be proportionately adjusted upon the effectiveness of the Consolidation.\n \n\n Registered shareholders who hold physical Share certificates will receive a letter of transmittal requesting that they forward pre-Consolidation Share certi...