Post by
HEYmoneymoney on Feb 26, 2024 7:53am
REVERSE SPLIT
NOW WE CAN PUT THAT PUPPY TO REST....
Datametrex Rules Out Reverse Stock Split Toronto, Ontario--(Newsfile Corp. - February 26, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") today announced that it has no plans to implement a reverse stock split (AKA share consolidation), in response to investor inquiries. This clarification comes as part of the company's ongoing commitment to transparent and strategic decisionmaking in the best interests of its shareholders and the Company's long-term objectives. In keeping with corporate governance practices, Datametrex reaffirms that any future consideration of a reverse stock split would be subject to a special resolution, necessitating approval from the shareholders at the Annual General Meeting ("AGM") with at least a two-thirds approval. Charles Park, CEO of Datametrex, addressed the matter, stating, "We want to assure our investors that a reverse stock split is not on our agenda this year. Our focus remains steadfast on pursuing growth and enhancing shareholder value. Any significant future corporate actions will be communicated clearly and involve our shareholders, as they are integral to our decision-making process." About Datametrex Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, and Healthcare. The Company excels in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology. For more on Datametrex, please visit our YouTube channel and Company website. For Additional Information