Replies to post #1670 on Digihost Technology Inc (DGHI)

[chestnut42]

Another R/S, Shocked I am Shocked /sarc

Digihost Technology Inc.
October 5, 2021
In this article:

HSSHF

TORONTO, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF), an innovative North American-based Bitcoin self-mining company, announces that, to facilitate a proposed listing of its subordinate voting shares on the Nasdaq Capital Market (“Nasdaq”) and satisfy the minimum share price requirement set by Nasdaq, the Company intends to consolidate the outstanding subordinate voting shares and proportionate voting shares of the Company (collectively, the “Shares”) on the basis of three (3) pre-consolidation Shares for every one (1) post-consolidation Share (the “Consolidation”).

The Company currently has 75,078,831 subordinate voting shares and 10,000 proportionate voting shares issued and outstanding, and, following the Consolidation, it is expected there will be approximately 25,026,277 subordinate voting shares and 3,333 proportionate voting shares issued and outstanding. The exercise price and number of subordinate voting shares issuable upon the exercise of the Company’s outstanding options and warrants will also be proportionately adjusted upon completion of the Consolidation. The Company will not issue any factional post-Consolidation Shares as a result of the Consolidation. Instead, each fractional share remaining after conversion will be rounded down to the nearest whole post-Consolidation Share.

https://finance.yahoo.com/news/digihost-announces-share-consolidation-facilitate-110000627.html