Shareholders approve consolidation of common shares on one-for-10 basis
Rockwater Capital Corp. said Wednesday shareholders approved a special resolution to consolidate the company’s common shares on the basis of one new common share for 10 existing common shares.
“The board of directors now has the authority to determine if and when the Consolidation will be implemented,” the company said in release. “Should the board decide to consolidate the shares, a press release will be issued in advance of the Consolidation.”
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