Akanda Corporation to Implement 1-for-3.125 Reverse Stock Split Effective August 26, 2025

Reuters08-22

Akanda Corporation to Implement 1-for-3.125 Reverse Stock Split Effective August 26, 2025

Akanda Corp. $(AKAN)$ has announced a 1-for-3.125 reverse stock split of its common shares, effective August 26, 2025. This move, previously approved by shareholders and the Board of Directors, will see trading begin on an adjusted basis under the existing ticker symbol "AKAN". The reverse split will reduce the number of outstanding common shares from approximately 2.27 million to about 728,000. The new CUSIP number for the shares will be 00971M502, and the new ISIN code will be CA00971M5028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Akanda Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 263433) on August 22, 2025, and is solely responsible for the information contained therein.

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