WWT Corporate

Water Ways Announces Effective Date of Share Consolidation and Provides Corporate Update

Published August 15, 2025 at 09:00 PM

TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company”), is pleased to announce that further to its news release dated June 18, 2025, the Company has received final acceptance from the TSX Venture Exchange (the “TSXV”) of the consolidation of its outstanding common shares (the “Common Shares”) on the basis of one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the “Share Consolidation”).

Related Questions

How will the 1‑for‑10 share consolidation affect the stock’s liquidity and daily trading volume? What is the anticipated impact of the reverse split on the share price and overall market capitalization? What is the strategic rationale behind consolidating shares at a 1:10 ratio? Will the consolidation change the company’s capital structure, including the number of authorized shares and equity ratios? Are there any tax consequences for shareholders resulting from the share consolidation? How will the reverse split impact existing shareholder rights such as voting power, dividend entitlements, and rights offerings? What are the expected costs associated with the consolidation and will they be borne by shareholders or the company? Will the share consolidation affect the company’s eligibility for inclusion in any indices or its listing status on the TSX Venture Exchange? How does this share consolidation compare to recent similar actions taken by peer companies in the water technology sector? What is the timeline for the consolidation to be completed and are there any anticipated milestones or regulatory approvals required?