On October 16th, Bitcoin mining company Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) announced that it has completed the previously announced 30:1 share merger. The record date for the share merger was October 14th and it became effective on October 15th.
No fractional shares were issued during the merger process, and any fractional shares resulting from the merger are rounded down to the nearest whole number of shares. This share consolidation applies uniformly to all shareholders, and will not change the shareholding ratio of any shareholder in the company's equity except for the loss of fractional shares due to rounding.
Crypto miner Cathedra Bitcoin has announced the completion of a share merger
2025-10-16 02:37:36
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