What is the timeline for the consolidation to be completed and are there any anticipated milestones or regulatory approvals required?

Timeline & Milestones

Water Ways Technologies Inc. (TSXV: WWT) has just received final acceptance from the TSX Venture Exchange for its 1‑for‑10 share consolidation, the last regulatory hurdle before the transaction can be executed. In practice, a “final acceptance” means the exchange has signed‑off on the filing and the company can now set an effective date—typically within 30 days of the announcement, once the required corporate filings (e.g., Form 51‑101A, a shareholder‑approved filing) are lodged with the Ontario Securities Commission (OSC) and the consolidation is filed with the TSX‑V. In recent TSX‑V consolidations, the actual “effective date” is usually announced within a week‑to‑two‑weeks window after the exchange’s acceptance, so traders should expect the consolidation to be completed by early‑mid September 2025 unless the company announces a specific date in a subsequent press release.

Regulatory & Operational Steps

- Shareholder approval: The June 18, 2025 announcement indicated that the shareholder vote had already been secured, so no additional shareholder meeting is required.

- SEC/OSC filing: The company must file a “Certificate of Consolidation” with the OSC and the TSX‑V’s “Share Consolidation Notification.” This is a routine filing but must be completed before the effective date.

- Broker‑dealer and custodial updates: Once the consolidation is effective, the company must issue new share certificates (or electronic equivalents) and notify custodians, broker‑dealers, and the de‑pository (CDS). This normally takes 5‑10 business days after the effective date.

Trading Implications

- Short‑term price action: The announcement removed regulatory uncertainty, which often lifts the share price modestly (typically 2‑4 % upside for small‑cap TSX‑V stocks). The consolidation itself is neutral, but the “clean‑up” of the share structure can attract new institutional interest.

- Liquidity & price‑point: The 10‑to‑1 split will reduce the per‑share price roughly ten‑fold, bringing the stock into a more “institution‑friendly” price range. Expect a temporary dip in volume as the market adjusts to the new price level.

- Actionable take‑away: Consider entering a small‑to‑moderate long position on any pull‑back (e.g., 2‑3 % below the current price) with a tight stop (≈1 % below entry) to capture the upside from the consolidation‑related “clean‑up” rally. If the stock spikes above the pre‑announcement high, look to lock in profits or move to a sell‑to‑close on half the position, letting the remainder ride any further upside as the company releases its post‑consolidation earnings guidance later in Q4 2025.

In short, the consolidation should be finalized by early‑mid September 2025, with the only remaining steps being routine OSC filings and administrative updates; no additional shareholder vote or major regulatory approval is pending. This clears the path for a modest near‑term price rally and a cleaner price‑point for future institutional buying.