22:44:07 EDT Fri 22 May 2026
Enter Symbol
or Name
USA
CA



Valdor Technology International Inc (2)
Symbol VTI
Shares Issued 150,036,228
Close 2026-05-22 C$ 0.005
Market Cap C$ 750,181
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Valdor Technology rollback to take effective May 27

2026-05-22 18:08 ET - News Release

Mr. Amar Purewal reports

VALDOR CLARIFIES EFFECTIVE DATE OF SHARE CONSOLIDATION

Valdor Technology International Inc. wishes to clarify the timing of its previously announced consolidation of its issued and outstanding common shares on the basis of one new common share for every 100 existing common shares.

Due to an administrative error, the company's news release dated May 21, 2026, incorrectly stated that the record date and commencement of trading of the postconsolidation shares were set for May 22, 2026. The company wishes to clarify that the correct record date for the consolidation is May 27, 2026, with trading of the postconsolidation shares expected to begin on or about May 27, 2026.

As previously announced, the consolidation received shareholder approval at the company's annual general and special meeting held on May 13, 2026, and was subsequently approved by the board of directors on May 14, 2026. Following the consolidation, the company's name and ticker symbol will remain unchanged, while its new Cusip number and ISIN will be 919067 30 6 and CA 919067 30 6 6, respectively.

The company believes the consolidation will help position Valdor to appeal to a broader base of investors and enhance its capital markets profile.

As of the date of this news release, Valdor has 150,036,228 common shares issued and outstanding. Upon completion of the consolidation, the company will have approximately 1,500,236 common shares outstanding, subject to rounding. No fractional shares will be issued; any resulting fractional share will be rounded down to the nearest whole share.

The exercise or conversion terms of all outstanding warrants, stock options and other convertible securities will be proportionally adjusted to reflect the consolidation ratio.

A letter of transmittal will be provided to registered shareholders holding certificates or direct registration statements (DRS) outlining the process for exchanging their preconsolidation shares for postconsolidation shares. Shareholders who hold their shares through a broker or other intermediary will have their accounts automatically updated in accordance with the intermediary's procedures.

About Valdor Technology International Inc.

Valdor Technology International has an operating subsidiary company, Valdor Fiber Optics Inc., headquartered near San Francisco, Calif., which assembles optical fibre components and specializes in the design, manufacture and sale of passive fibre optic equipment.

We seek Safe Harbor.

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