IM Cannabis Corp.: IMC Announces Results of Special Meeting and NASDAQ Listing Application Milestone
Approval for listing on the NASDAQ expected in early 2021
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / December 17, 2020
/ IM Cannabis Corp. (the "
Company" or "
IMC") (CSE:IMCC), a multi-country operator ("
MCO") in the medical cannabis sector with operations in Israel and across Europe, is pleased to announce that shareholders approved all of the motions put forward at its special meeting of shareholders (the "
Special Meeting") held yesterday, which included a motion authorizing a share consolidation (the "
Share Consolidation") of the Company's common shares (the "
Common Shares"). If implemented, the Share Consolidation will increase the Common Share price to meet the minimum share price requirements for the proposed listing on the NASDAQ Capital Market ("