Verano Holdings Completes Reverse Stock Split and Redomiciling in Nevada
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Updated yesterday
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How it started
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What happened
Verano Holdings Corp. completed a 1-for-5 reverse stock split of its common stock, effective June 11, 2026. The company also filed a certificate of change with the state of Nevada to reduce authorized common stock from 5,000,000,000 to 1,000,000,000 shares.
From manilatimes.net
Why it matters
The actions follow prior initiatives to position the company for growth and U.S. capital markets. This move completes the redomiciling of Verano Holdings Corp. from British Columbia, Canada, to the state of Nevada.
From manilatimes.net
Who's involved
- NevadaState of Nevada, where the company filed its certificate of change.
- British ColumbiaProvince of British Columbia, from which the company redomiciled.
How it developed
Newest first. Tap a step to see who reported it.- Electrum Gold Exploration LLC purchases units from Carlin Gold Corporation, a company whose operations are based in British Columbia.Sub-event
- HF Foods Group Inc. acquired Searay Foods Inc., which is headquartered in British Columbia, as part of its expansion into the US market.Sub-event
- Jushi Holdings Inc. completed continuance from British Columbia and commenced trading after domestication in Nevada.Sub-event
Corporate filings moved from province to state.1 source
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The entities involved
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Nevada
state of the United States of America
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British Columbia
province of Canada
Related events
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- Pacific Empire Minerals Corp. is based in British Columbia.
- A company's mineral exploration properties are located in British Columbia, and it utilizes Canadian tax rules.