Plantfuel Life Inc. plans to consolidate its issued and outstanding share capital on the basis of one postconsolidation share for up to every 10 preconsolidation common shares. No fractional shares will be issued under the consolidation. Any fractional shares will be rounded to the nearest whole number of shares.
The current and outstanding common shares of the company is 96,299,099 common shares. Following the share consolidation, the approximate outstanding shares will be 9,629,910.
The proposed share consolidation is set to be effective June 6, 2023.
About Plantfuel Life Inc.
Plantfuel is a scientifically focused, plant-based wellness company managed by successful entrepreneurs with extensive experience in the areas of consumer packaged goods, manufacturing, logistics and distribution.
We seek Safe Harbor.