The Toronto Stock Exchange reports that Burcon NutraScience Corp. has rolled back its common shares on a one-new-for-20-old basis, effective June 11, 2025. According to the TSX, the company will continue trading under the symbol BU. The new Cusip number is 120831 30 0.
The TSX notes that no fractional shares will be issued in connection with the
consolidation. Fractional share entitlements less than one-half
shall be rounded down, and any and all such fractional shares
to which registered holders would otherwise be entitled as a
result of the consolidation shall be cancelled. Fractional share
entitlements equal to or greater than one-half of a share shall be
rounded up. To receive the consideration, shareholders must return the letter of transmittal together with share certificates to Computershare Investor Services Inc. at its principal offices in Toronto.
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