Valdor Announces Consolidation Of Common Shares

About this update from Valdor Technology International Inc

(via TheNewswire) Vancouver, B.C. – May 21, 2026 - TheNewswire – Valdor Technology International Inc. (“Valdor” or the “Company”) (CSE: VTI), a provider of advanced fiber optic components, is pleased to announce that it will consolidate its issued and outstanding common shares (the “Shares”) on the basis of one (1) new common share for every one hundred (100) existing common shares (the “Consolidation”). The Company believes the Consolidation will help position Valdor to appeal to a broader base of investors and enhance its capital markets profile.   The Consolidation received shareholder approval at the Company’s annual general and special meeting held on May 13, 2026, and was subsequently approved by the Board of Directors on May 14, 2026. The record date for the Consolidation has been set as May 22, 2026, with trading of the post-consolidation shares expected to begin on or about May 22, 2026, subject to final acceptance by the Canadian Securities Exchange (the “CSE”). Following the Consolidation, the Company’s name and ticker symbol will remain unchanged, while its new CUSIP and ISIN numbers will be 919067306 and CA9190673066, respectively.   As of the date of this news release, Valdor has 150,036,228 common shares issued and outstanding. Upon completion of the Consolidation, the Company will have approximately 1,500,236 common shares outstanding, subject to rounding. No fractional shares will be issued; any resulting fractional share will be rounded down to the nearest whole share.   The exercise or conversion terms of all outstanding warrants, stock options, and other convertible securities will be proportionally adjusted to reflect the Consolidation ratio.   A letter of transmittal will be provided to registered shareholders holding certificates or direct registration statements (“DRS”) outlining the process for exchanging their pre-Consolidation shares for post-Consolidation shares. Shareholders who hold their shares through a broker or other intermediary will have their accounts automatically updated in accordance with the intermediary’s procedures.   About Valdor Valdor Technology International Inc. has an operating subsidiary company, Valdor Fiber Optics, Inc., headquartered near San Francisco, California which assembles optical fiber components and specializes in the design, manufacture and sale of passive fiber optic ...

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