#Canada #Vancouver #TSX #Share Consolidation #Else Nutrition

Else Nutrition Holdings Share Consolidation Announcement

Else Nutrition Holdings Inc., a company focused on developing plant-based nutrition, has recently made an important announcement regarding a significant share consolidation, approved by its board of directors. This consolidation will occur at a ratio of one post-consolidation common share for every ten pre-consolidation shares. Such moves are often seen as measures to enhance the company's market presence and stock value.

This transition is expected to become effective on the Toronto Stock Exchange (TSX) with the new trading status commencing on November 6, 2025. Following this consolidation, the total number of outstanding common shares will decrease dramatically from approximately 374 million to about 37 million. The change in share structure will be reflected under the new CUSIP and ISIN numbers, specifically 290257500 and CA2902575000.

One notable aspect of this consolidation is that it simplifies the share structure of the company, positioning it for better market performance. Adjustments are also being made to existing options, warrants, and other convertible securities to maintain proportional equity in the ownership structure. Notably, no fractional shares will be issued. Any outstanding fractions of common shares will be rounded off appropriately based on the amounts held by shareholders.

Registered shareholders will receive a letter of transmittal from Computershare Investor Services Inc. concerning the share consolidation process. The instructions provided will guide these shareholders on how to surrender their certificates representing pre-consolidation shares and ensure they receive the new shares after consolidation.

Importantly, non-registered shareholders should be aware that if their holdings are managed by an intermediary, the procedures may vary from those provided for registered shareholders. It is essential for these shareholders to liaise with their intermediaries for specific instructions.

In addition, registered holders of the company's warrants from the previous years will be notified about the implications of this consolidation as per the relevant Warrant Indentures. This includes holders of warrants dated October 20, 2021, and June 29, 2022.

About Else Nutrition Holdings Inc.

Else Nutrition operates in the thriving sector of food and nutrition, targeting the growing demand for healthy alternative options. The firm is particularly noted for producing plant-based, soy-free nutritional products designed for various age groups, including infants and children. Since launching its Plant-Based Complete Nutrition for Toddlers, which combines whole foods and natural ingredients, Else Nutrition has garnered substantial positive feedback from parents and established significant partnerships with national retailers.

The company has received multiple accolades, including the prestigious 2017 Best Health and Diet Solutions award at Milan's Global Food Innovation Summit, as well as recognition as the #1 Best Seller on Amazon in the toddler formula category. The brand is gaining momentum, driven by a commitment to innovate and provide clean, nutritious options for families.

As Else Nutrition moves forward with this consolidation, the market will be observing how these changes will impact its growth trajectory and investor sentiment. For further details about the company and its offerings, visit the official website at www.elsenutrition.com.

Conclusion

In closing, Else Nutrition’s share consolidation might be a strategic approach to optimize share value and its overall market presence. Investors and shareholders alike should remain informed about these developments and actively engage in any procedural requirements as the company transitions to a new phase.