Crypto mining company Cathedra Bitcoin announces completion of share consolidation
On October 16, it was reported that bitcoin mining company Cathedra Bitcoin Inc. (TSXV:CBIT) (OTCQB:CBTTF) announced the completion of its previously announced 30:1 share consolidation. The record date for the share consolidation was October 14, and it officially took effect on October 15. No fractional shares were issued during the consolidation process; any fractional shares resulting from the consolidation were rounded down to the nearest whole share. This share consolidation applies uniformly to all shareholders and does not alter any shareholder's proportional ownership in the company, except for the loss of fractional shares due to rounding.
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