04:05:23 EDT Sun 06 Jul 2025
Enter Symbol
or Name
USA
CA



Genesis AI Corp (1)
Symbol AIG
Shares Issued 62,943,885
Close 2025-03-10 C$ 0.02
Market Cap C$ 1,258,878
Recent Sedar Documents

Genesis AI to roll back shares 1:10 March 13

2025-03-11 03:58 ET - News Release

Mr. Dev Randhawa reports

GENESIS ANNOUNCES EFFECTIVE DATE OF CONSOLIDATION

Further to the news release of March 7, 2025, and effective Thursday, March 13, 2025, Genesis AI Corp. will consolidate the common shares in the capital of the company on the basis of one postconsolidated common share to every 10 preconsolidated common shares.

The name of the company and trading symbol will remain the same after the consolidation. The new Cusip number will be 371957200, and the new ISIN will be CA3719572008 for the postconsolidation common shares.

The company's postconsolidation common shares are expected to begin trading on the Canadian Securities Exchange on or about March 13, 2025. The total issued and outstanding number of common shares postconsolidation will be approximately 6,294,389 and on a fully diluted basis will be 10,162,017.

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 preconsolidation common shares along with a properly executed letter of transmittal to the company's transfer agent, Computershare Trust Company of Canada, 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 preconsolidation common share certificates to Computershare will receive postconsolidation common share certificates or direct registration advice representing the postconsolidation common shares.

About Genesis AI Corp.

Genesis AI is committed to developing advanced artificial-intelligence-driven solutions for wildfire protection and improved mineral exploration outcomes. The company's flagship platform, Wildfire Defense Solutions, leverages AI, machine learning and data analytics to build digital models of forests and communities, helping stakeholders make smarter, data-driven decisions in managing natural resources and wildfire risks.

We seek Safe Harbor.

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