Latest news with #CLSHoldings
Globe and Mail
09-07-2025
- Business
- Globe and Mail
CLS Holdings USA, Inc. Provides Update on Reverse Stock Split (Share Consolidation) and Announces CSE Delisting
Las Vegas, Nevada--(Newsfile Corp. - July 9, 2025) - CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH) (the " Company" or " CLS"), announces that on June 24, 2025, the holders (" Stockholders") of the common shares of the Company (" Shares") approved a proposal to effect a reverse stock split (a share consolidation) (the " Consolidation") of the common shares of the Company (" Shares") on the basis of one post-Consolidation Share for every 4,000,000 pre-Consolidation Shares issued and outstanding. Stockholders approved the Consolidation at a special meeting of Stockholders on July 24, 2025, where 135,687,759 Shares (94.27% of Shares present in person or by proxy) were voted in favour of approving the Consolidation, 8,235,864 Shares (5.72% of Shares present in person or by proxy) were voted against, and Stockholders holding 11,841 Shares (0.01% of Shares present in person or by proxy) abstained from voting. Further details of the Consolidation may be found in the Company's proxy statement dated May 30, 2025 (the " Proxy Statement"). On April 16, 2025, the Board of Directors of the Company voted unanimously to approve the Consolidation. Following receipt of Stockholder approval for the Consolidation, the Board of Directors has determined that the effective date of the Consolidation will be the close of business on July 11, 2025 (the " Effective Date"). The Company will not issue fractional shares resulting from the Consolidation. Instead, the Company will pay Stockholders of record as of the Effective Date who would have received a fractional share as a result of the Consolidation a cash payment equal to three-point-seven cents ($0.037) per pre-Consolidation Share. Stockholders must hold their Shares on the Effective Date in order to receive a cash payment. No action is required by Stockholders in order to receive the cash payment. In connection with the Consolidation, CLS has applied to voluntarily delist its Shares from the Canadian Securities Exchange (" CSE"). The Shares are expected to be delisted from the CSE on the close of business on the Effective Date. CLS intends to apply to cease to be a reporting issuer in Canada using the "simplified procedure" under Canadian National Policy 11-206 - Process for Cease to be a Reporting Issuer Applications shortly as soon as practicable after it is delisted from the CSE. Stockholders who have questions regarding the Consolidation and receipt of their cash payment should refer to the Proxy Statement or contact the Company at: Andrew Glashow (888) 260-7775 Aglashow@ About CLS Holdings USA Inc. CLS Holdings USA Inc. is a diversified cannabis company that acts as an integrated cannabis producer and retailer. CLS stands for "Cannabis Life Sciences," in recognition of the Company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation, and consulting services. Forward-Looking Statements This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995 (collectively, the "forward-looking statements"). These statements relate to, among other things, the timing and effective date of the Consolidation, the payment of cash payments for Stockholders that would otherwise be entitled to receive fractional Shares, CLS's delisting from the CSE, and CLS's application to cease to be a reporting issuer in Canada. In some cases, you can identify forward looking statements by terminology such as "may," "might," "will," "should," "intends," "expects," "plans," "goals," "projects," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these terms or other comparable terminology. These forward-looking statements are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. We cannot guarantee future results, levels of activity or performance. You should not place undue reliance on these forward-looking statements, which speak only as of the date that they were made. These cautionary statements should be considered together with any written or oral forward-looking statements that we may issue in the future. Except as required by applicable law, we do not intend to update any of the forward-looking statements to conform these statements to reflect actual results, later events or circumstances or to reflect the occurrence of unanticipated events. See the Company's filings with the SEC and on its SEDAR+ profile at for additional details.
Yahoo
21-05-2025
- Business
- Yahoo
Global Undervalued Small Caps With Insider Action For May 2025
In recent weeks, global markets have experienced a notable upswing, largely driven by the positive sentiment following the temporary suspension of tariffs between the U.S. and China. This development has bolstered indices such as the S&P MidCap 400 and Russell 2000, highlighting renewed investor interest in small-cap stocks amid easing trade tensions and cooling inflation pressures. In this environment, identifying promising small-cap opportunities involves looking for companies with solid fundamentals that can thrive despite broader economic uncertainties. Name PE PS Discount to Fair Value Value Rating Morgan Advanced Materials 12.3x 0.6x 33.77% ★★★★★☆ Tristel 29.9x 4.2x 19.75% ★★★★☆☆ Cloetta 15.6x 1.1x 46.05% ★★★★☆☆ SmartCraft 42.2x 7.5x 33.70% ★★★★☆☆ Sing Investments & Finance 7.2x 3.7x 41.23% ★★★★☆☆ Absolent Air Care Group 22.6x 1.8x 48.73% ★★★☆☆☆ Saturn Oil & Gas 2.1x 0.4x -32.01% ★★★☆☆☆ DIRTT Environmental Solutions 11.1x 0.7x 2.08% ★★★☆☆☆ Eastnine 18.3x 8.8x 39.84% ★★★☆☆☆ Seeing Machines NA 2.5x 44.30% ★★★☆☆☆ Click here to see the full list of 168 stocks from our Undervalued Global Small Caps With Insider Buying screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Value Rating: ★★★☆☆☆ Overview: CLS Holdings focuses on the ownership, management, and development of investment properties across the United Kingdom, Germany, and France, with a market capitalization of approximately £1.02 billion. Operations: The company generates revenue primarily from investment properties in the United Kingdom, Germany, and France. Over recent periods, the net income margin has shown a declining trend, reaching -0.62% by 2025-05-20. Operating expenses have remained relatively stable around £35 million to £36 million in recent quarters. PE: -2.6x CLS Holdings, a smaller company with potential for growth, recently faced challenges with its auditor expressing doubts about its ability to continue as a going concern. Despite this, the company reported sales of £151.9 million for 2024 and reduced its net loss significantly from the previous year. Insider confidence is evident through share purchases, signaling trust in future prospects. However, interest payments remain poorly covered by earnings. Earnings are forecasted to grow substantially at nearly 97% annually, suggesting potential upside if financial stability improves. Take a closer look at CLS Holdings' potential here in our valuation report. Examine CLS Holdings' past performance report to understand how it has performed in the past. Simply Wall St Value Rating: ★★★☆☆☆ Overview: Scandi Standard is a leading producer of chicken-based food products, specializing in ready-to-cook and ready-to-eat segments, with a market capitalization of SEK 3.92 billion. Operations: Scandi Standard's revenue is primarily derived from its Ready-To-Cook segment, contributing significantly to its total income. The company's gross profit margin has shown a varied trend, reaching 39.60% by the end of March 2025. Operating expenses are a substantial part of the cost structure, with general and administrative expenses consistently being significant contributors. PE: 22.8x Scandi Standard, a poultry producer, shows potential as an undervalued stock despite its high debt levels and reliance on external borrowing. Earnings are projected to grow 19.74% annually, suggesting future profitability. Recent financials reveal Q1 sales of SEK 3.4 billion with net income slightly down at SEK 66 million from last year's SEK 70 million. Insider confidence is reflected in recent share purchases by key stakeholders, indicating belief in the company's growth trajectory amidst dividend increases approved for May and September 2025 payments. Delve into the full analysis valuation report here for a deeper understanding of Scandi Standard. Evaluate Scandi Standard's historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Killam Apartment REIT operates as a real estate investment trust focused on owning, managing, and developing residential apartment buildings, commercial properties, and manufactured home communities with a market capitalization of CA$2.14 billion. Operations: Killam Apartment REIT generates revenue primarily from its apartment segment, contributing CA$326.19 million, with additional income from commercial properties and manufactured home communities. The company's cost of goods sold (COGS) has been a significant expense, impacting gross profit margins which reached 66.26% as of March 2025. Operating expenses and non-operating expenses also play a role in shaping net income margins, which have shown notable fluctuations over the periods analyzed. PE: 3.4x Killam Apartment REIT, a smaller player in the real estate sector, recently reported Q1 2025 earnings with sales of C$93.02 million, up from C$87.51 million the previous year, while net income decreased to C$101.91 million from C$127.24 million. Despite reliance on external borrowing for funding and interest payments not being well-covered by earnings, insider confidence is evident with recent share purchases in early 2025. Revenue is projected to grow annually by 4.12%, indicating potential future value amidst these challenges. Click to explore a detailed breakdown of our findings in Killam Apartment REIT's valuation report. Gain insights into Killam Apartment REIT's historical performance by reviewing our past performance report. Click here to access our complete index of 168 Undervalued Global Small Caps With Insider Buying. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include LSE:CLI OM:SCST and TSX: Have feedback on this article? Concerned about the content? with us directly. 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Yahoo
22-04-2025
- Business
- Yahoo
European Insider Buying Highlights 3 Undervalued Small Caps
As European markets show signs of recovery, with the STOXX Europe 600 Index gaining 3.93% over a recent week, investor sentiment has been buoyed by the European Central Bank's rate cuts and easing trade tensions. In this environment, small-cap stocks in Europe may present intriguing opportunities for investors seeking potential value plays amidst broader market optimism. Name PE PS Discount to Fair Value Value Rating Morgan Advanced Materials 10.2x 0.5x 44.52% ★★★★★★ Tristel 27.2x 3.8x 28.24% ★★★★★☆ Stelrad Group 10.6x 0.6x 40.58% ★★★★★☆ Savills 23.4x 0.5x 43.72% ★★★★☆☆ Seeing Machines NA 1.8x 48.38% ★★★★☆☆ Norcros 23.9x 0.6x 29.15% ★★★☆☆☆ FRP Advisory Group 12.4x 2.2x 10.21% ★★★☆☆☆ Italmobiliare 10.7x 1.4x -251.44% ★★★☆☆☆ Arendals Fossekompani 20.7x 1.6x 48.63% ★★★☆☆☆ Speedy Hire NA 0.2x -6.83% ★★★☆☆☆ Click here to see the full list of 63 stocks from our Undervalued European Small Caps With Insider Buying screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Value Rating: ★★★☆☆☆ Overview: B.P. Marsh & Partners is a specialist private equity investor focusing on early-stage financial services businesses, with a market capitalization of £0.14 billion. Operations: The company generates revenue primarily from consultancy services and trading investments in financial services, with recent revenue reaching £64.99 million. Over time, the net income margin has shown an upward trend, reaching 82.47%. PE: 4.7x B.P. Marsh & Partners, a European small cap, is gaining attention for its potential value. The company has embarked on a £2 million share repurchase program to optimize capital structure, indicating strategic financial management. Insider confidence is evident with recent purchases in 2025. Although the firm relies solely on external borrowing—considered higher risk than customer deposits—it maintains a commitment to shareholder returns with an annual £5 million dividend plan through 2028, signaling potential stability and growth prospects. Dive into the specifics of B.P. Marsh & Partners here with our thorough valuation report. Review our historical performance report to gain insights into B.P. Marsh & Partners''s past performance. Simply Wall St Value Rating: ★★★☆☆☆ Overview: CLS Holdings is a property investment company focusing on commercial real estate, primarily in the United Kingdom, Germany, and France, with a market capitalization of £1.17 billion. Operations: The company's revenue is primarily derived from investment properties in the United Kingdom (£76.10 million), Germany (£51.60 million), and France (£18.10 million). Over recent periods, the gross profit margin has shown a declining trend, reaching 75.05% by December 2024 from 80.76% in June 2014. Operating expenses have remained relatively stable, with general and administrative expenses being a significant component of these costs. PE: -2.5x CLS Holdings, a smaller European company, faces challenges with its auditor expressing doubts about its ability to continue as a going concern. Despite this, the company reported a significant reduction in net loss for 2024, from £249.8 million to £93.6 million. Earnings are expected to grow substantially by 118% annually. A lease extension with the National Crime Agency will add £7 million in rent by 2026, and redevelopment plans at Citadel Place aim for sustainable residential growth in London's Vauxhall area. Click to explore a detailed breakdown of our findings in CLS Holdings' valuation report. Gain insights into CLS Holdings' historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Savills is a global real estate services provider offering consultancy, transaction advisory, investment management, and property and facilities management services with a market capitalization of £1.64 billion. Operations: Savills generates revenue from four key segments: Transaction Advisory (£870 million), Property and Facilities Management (£944.5 million), Consultancy (£495.5 million), and Investment Management (£94 million). The company has consistently achieved a gross profit margin of 100% across multiple periods, indicating that its reported cost of goods sold is negligible or zero in the financial data provided. Operating expenses are significant, with general and administrative expenses being a major component, impacting net income margins which have shown variability over time. PE: 23.4x Savills, a European property consultancy firm, has demonstrated financial resilience with sales reaching £2.4 billion for 2024, up from £2.2 billion the previous year. Earnings per share improved to £0.394 from £0.3, reflecting strong performance despite one-off items affecting results. Insider confidence is evident through recent purchases by executives, signaling potential value recognition within the company. Although reliant on external borrowing for funding, Savills' strategic leadership changes aim to capitalize on investment opportunities in London's real estate market. Click here and access our complete valuation analysis report to understand the dynamics of Savills. Assess Savills' past performance with our detailed historical performance reports. Gain an insight into the universe of 63 Undervalued European Small Caps With Insider Buying by clicking here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:BPM LSE:CLI and LSE:SVS. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
