Latest news with #Consolidation
Yahoo
27-05-2025
- Business
- Yahoo
E-Home Household Service Holdings Limited Announces Share Consolidation
FUZHOU, China, May 27, 2025 /PRNewswire/ -- E-Home Household Service Holdings Limited (Nasdaq: EJH) (the "Company" or "E-Home"), a provider of integrated household services in China, today announced that at an extraordinary general meeting of the Company held on May 1, 2025 (the "Meeting"), its shareholders have approved the resolution of a share consolidation of the issued and authorized ordinary shares of the Company at a ratio of not less than one (1)-for-two (2) and not more than one (1)-for-fifty (50) (the "Range"), with the exact ratio to be set at a whole number within this Range to be determined by the Board of the Directors of the Company (the "Board") in its sole discretion within 180 calendar days after the date of passing of these resolutions (the "Share Consolidation"). On May 8, 2025, the Board determined the ratio for Share Consolidation to be one (1)- for- fifty (50) and to round up the fractions of the issued consolidated shares resulting from the Share Consolidation. The Company's ordinary shares will begin to trade on the NASDAQ Stock Market on the post-consolidation basis under the symbol "EJH" on May 30, 2025. The current pre-split number of shares of commons stock outstanding is 183,690,171 and the post-split number of shares outstanding will be approximately 3,673,850. The new CUSIP number for the Company's ordinary shares post-consolidation is G2952X153. The Share Consolidation is primarily being effectuated to comply with Nasdaq Marketplace Rule 5550(a)(2) related to the minimum bid price per share of the Company's ordinary shares. The Company's shareholders will receive one post-consolidation ordinary share for every fifty pre-consolidation ordinary shares held by them. Immediately after the Share Consolidation, each shareholder's percentage ownership interest in the Company and proportional voting power will remain unchanged, except for minor changes and adjustments that will result from the treatment of fractional shares. No fractional shares will be issued and the fractional shares will be round up in connection with the Share Consolidation. The rights of the holders of ordinary shares will be substantially unaffected by the Share Consolidation. Shareholders who are holding their shares in electronic form at brokerage firms do not need to take any action, as the effect of the Share Consolidation will automatically be reflected in their brokerage accounts. About E-Home Household Service Holdings Limited Established in 2014, E-Home Household Service Holdings Limited is a Nasdaq-listed household service company based in Fuzhou, China. The Company, through its website and WeChat platform "e-home", provides integrated household services, including 1) Installation and maintenance of home appliances and smart homes; 2) Housekeeping, nanny, confinement nurse and cleaning services; 3) Cleaning of public establishments. E-Home has become a modern enterprise of comprehensive service for family life. The Company always adheres to the business philosophy of "solving every issue of customers with heart", and to the code of conduct of "doing everything well with heart". The Company aims to set the benchmark of the household service industry in China. For more information, visit the Company's website at Forward-Looking Statement All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to consider risk factors, including those described in the Company's filings with the SEC, that may affect the Company's future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors. View original content: SOURCE E-Home Household Service Holdings Limited Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
E-Home Household Service Holdings Limited Announces Share Consolidation
FUZHOU, China, May 27, 2025 /PRNewswire/ -- E-Home Household Service Holdings Limited (Nasdaq: EJH) (the "Company" or "E-Home"), a provider of integrated household services in China, today announced that at an extraordinary general meeting of the Company held on May 1, 2025 (the "Meeting"), its shareholders have approved the resolution of a share consolidation of the issued and authorized ordinary shares of the Company at a ratio of not less than one (1)-for-two (2) and not more than one (1)-for-fifty (50) (the "Range"), with the exact ratio to be set at a whole number within this Range to be determined by the Board of the Directors of the Company (the "Board") in its sole discretion within 180 calendar days after the date of passing of these resolutions (the "Share Consolidation"). On May 8, 2025, the Board determined the ratio for Share Consolidation to be one (1)- for- fifty (50) and to round up the fractions of the issued consolidated shares resulting from the Share Consolidation. The Company's ordinary shares will begin to trade on the NASDAQ Stock Market on the post-consolidation basis under the symbol "EJH" on May 30, 2025. The current pre-split number of shares of commons stock outstanding is 183,690,171 and the post-split number of shares outstanding will be approximately 3,673,850. The new CUSIP number for the Company's ordinary shares post-consolidation is G2952X153. The Share Consolidation is primarily being effectuated to comply with Nasdaq Marketplace Rule 5550(a)(2) related to the minimum bid price per share of the Company's ordinary shares. The Company's shareholders will receive one post-consolidation ordinary share for every fifty pre-consolidation ordinary shares held by them. Immediately after the Share Consolidation, each shareholder's percentage ownership interest in the Company and proportional voting power will remain unchanged, except for minor changes and adjustments that will result from the treatment of fractional shares. No fractional shares will be issued and the fractional shares will be round up in connection with the Share Consolidation. The rights of the holders of ordinary shares will be substantially unaffected by the Share Consolidation. Shareholders who are holding their shares in electronic form at brokerage firms do not need to take any action, as the effect of the Share Consolidation will automatically be reflected in their brokerage accounts. About E-Home Household Service Holdings Limited Established in 2014, E-Home Household Service Holdings Limited is a Nasdaq-listed household service company based in Fuzhou, China. The Company, through its website and WeChat platform "e-home", provides integrated household services, including 1) Installation and maintenance of home appliances and smart homes; 2) Housekeeping, nanny, confinement nurse and cleaning services; 3) Cleaning of public establishments. E-Home has become a modern enterprise of comprehensive service for family life. The Company always adheres to the business philosophy of "solving every issue of customers with heart", and to the code of conduct of "doing everything well with heart". The Company aims to set the benchmark of the household service industry in China. For more information, visit the Company's website at Forward-Looking Statement All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to consider risk factors, including those described in the Company's filings with the SEC, that may affect the Company's future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors. View original content: SOURCE E-Home Household Service Holdings Limited Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
26-05-2025
- Business
- Cision Canada
TARGA ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION
/NOT FOR DISSEMINATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./ VANCOUVER, BC, May 26, 2025 /CNW/ - Targa Exploration Corp. (CSE: TEX) (FRA: V6Y) (OTCQB: TRGEF) (" Targa" or the " Company") today announced, further to the Company's news release dated May 13, 2025 and effective May 27, 2025, the Company will consolidate the common shares in the capital of the Company (the " Common Shares") on the basis of one (1) new Common Share for every five (5) old Common Shares outstanding (the " Consolidation"). The name of the Company and trading symbol will remain the same after the Consolidation. The new CUSIP number will be 87612L209 and the new ISIN number will be CA87612L2093 for the post Consolidation Common Shares. The Company's post-Consolidation Common Shares are expected to begin trading on the Canadian Securities Exchange on or about May 27, 2024. The total issued and outstanding number of Common Shares post-Consolidation will be approximately 20,683,865. Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing the pre-Consolidation Common Shares along with a properly executed letter of transmittal to the Company's transfer agent, Odyssey Trust Company (" Odyssey Trust"), in accordance with the instructions provided in the letter of transmittal. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Common Share certificate(s) to Odyssey Trust, will receive a post-Consolidation Common Share certificate or Direct Registration Advice representing the post Consolidation Common Shares. About Targa Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF) is a Canadian exploration company engaged in the acquisition, exploration, and development of gold mineral properties with headquarters in Vancouver, British Columbia. Targa's principal asset is it's Opinaca Gold Project where a significant gold-in-till anomaly has been identified over a strike length of 7km. This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "intends" and similar expressions are intended to identify forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, the effective date of the Consolidation. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These forward-looking statements are based on a number of assumptions which may prove to be incorrect including, but not limited to, the ability to obtain regulatory approval for the Consolidation. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Targa Exploration Corp.
Yahoo
18-05-2025
- General
- Yahoo
NTSB launches 'go-team' of specialized investigators after Brooklyn Bridge struck by Mexican navy ship
The National Transportation Safety Board (NTSB) announced Sunday it was launching a "go-team" to the Brooklyn Bridge after a Mexican navy sailing ship crashed into the New York City landmark, killing at least two people aboard. The U.S. government agency tasked with investigating major transportation accidents did not initially offer more information about the "go-team" deploying to Saturday's bridge strike but said updates would soon follow. New York City Mayor Eric Adams, whose last update on the crash came around midnight, said the Mexican navy tall ship Cuauhtémoc "lost power and crashed into the Brooklyn Bridge." "At this time, of the 277 on board, 19 sustained injuries, 2 of which remain in critical condition, and 2 more have sadly passed away from their injuries," the mayor wrote on X at 12:18 a.m. At Least 2 Dead After Mexican Navy Sailing Ship Collides With Brooklyn Bridge In Dramatic Nyc Crash Adams said at that time a preliminary investigation showed the bridge sustained "no damage" and that the landmark "is now open to the public." Read On The Fox News App "We are praying for everyone on board and their families and are grateful to our first responders who quickly jumped into action, ensuring this accident wasn't much worse," he wrote early Sunday. Mexican President Claudia Sheinbaum said she regretted the passing of two crew members who "lost their lives in the unfortunate accident at the port of New York." "Our solidarity and support go out to their families," she wrote at 1:15 a.m. on X. "The Secretariat of the Navy, with the support of local authorities, is attending to the injured. The Ambassador of Mexico to the United States and staff from the Consulate General of Mexico in New York are assisting the Secretariat of the Navy." She also thanked Adams for his support. The Mexican navy said on Saturday the ship was an academy training vessell. The incident happened during the "departure maneuver" during an instructional cruise titled, "Bicentennial of the Consolidation of Independence at Sea." The cause of the collision remains under investigation. The ship was supposed to be leaving New York City on its way to Iceland at the time of the crash. The U.S. Coast Guard extended its condolences to the crew and family members of the ship following the "devastating tragedy" in New York City. "Following the [collision], the Coast Guard immediately responded, launching a crew from Station New York and establishing a temporary safety zone," U.S. Coast Guard Northeast wrote on X. "We are grateful for the timely, diligent efforts by our federal, state, and local partners in coordinating that initial response. As the National Transportation Safety Board (NTSB) begins its investigation, the Coast Guard will provide full support, while maintaining the safety and security of the Port of New York. "The Coast Guard will continue to ensure fulsome assistance for those impacted, and provide updates as appropriate in coordination with our interagency partners," the military branch added. In a scene captured in multiple eyewitness videos, the ship – which was flying a large Mexican flag – could be seen traveling swiftly in reverse toward the bridge near the Brooklyn side of the East River. Then, its three masts struck the bridge's span and snapped, one by one, as the ship kept moving. Videos showed heavy traffic on the span at the time of the 8:20 p.m. collision. No one on the bridge was reported injured. Trump Says Mexican President Is Afraid Of Cartels After She Rejected His Offer To Send Us Troops To Mexico Sailors could be seen aloft in the rigging on the damaged masts but, remarkably, no one fell into the water, officials said. The Cuauhtémoc – about 297 feet long and 40 feet wide, according to the Mexican navy – sailed for the first time in 1982. The vessel's main mast has a height of 160 feet, according to the Mexican government. Each year, the Cuauhtémoc sets out at the end of classes at the naval military school to finish cadets' training. This year, it left the Mexican port of Acapulco on the Pacific coast on April 6, according to the Mexican navy. It arrived in New York City on May 13, when visitors were welcome for several days, the Mexican consulate said. The ship was scheduled to visit 22 ports in 15 nations over 254 days, 170 of them at sea. It was unclear what caused the ship to veer off course. New York Police Department Special Operations Chief Wilson Aramboles said the ship had just left a Manhattan pier and was supposed to have been headed out to sea, not toward the bridge. He said an initial report was that the pilot of the ship had lost power due to a mechanical problem, though officials cautioned that information was preliminary. Videos show a tugboat that was close to the Cuauhtémoc at the time of the crash. The Brooklyn Bridge, which opened in 1883, has a nearly 1,600-foot main span supported by two masonry towers. More than 100,000 vehicles and an estimated 32,000 pedestrians cross every day, according to the city's transportation department. Its walkway is a major tourist attraction. Traffic was halted after the collision but was allowed to resume after an inspection, city officials said. As midnight approached, the broken boat was moved slowly up the East River, going under and past the Manhattan Bridge, aided by a series of tugboats, before docking at a pier. The Associated Press contributed to this article source: NTSB launches 'go-team' of specialized investigators after Brooklyn Bridge struck by Mexican navy ship
Globe and Mail
15-05-2025
- Business
- Globe and Mail
Magnum Goldcorp Announces Share Consolidation
West Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum Goldcorp") announces that effective May 20, 2025, the Company's common shares will commence trading on a postconsolidated basis of two (2) old pre-consolidated common shares for one (1) new postconsolidated common share (the "Consolidation"). The record date for the Consolidation has been set as May 20, 2025. The issued and outstanding reserved for issuance post-consolidation will be 6,010,511. The Company name and symbol have not changed. Management believes that the Consolidation is in the best interest of the Company and will allow the Company greater possibilities with respect to future financings. Upon completion of the Consolidation the new CUSIP for the post-consolidated Common Shares will be 55973N601 and the new ISIN will be CA55973N6019. For further information, visit the Company's website at Magnum Goldcorp Inc. ____________________________________ Douglas L. Mason, President and CEO Neither the TSX Venture Exchange nor its Regulation Services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
