IMC Announces Results of Special Meeting and NASDAQ Listing Application Milestone albuquerqueexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albuquerqueexpress.com Daily Mail and Mail on Sunday newspapers.
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 (