Holding company to boost stock price through share consolidation and buyback.
Victoria-based holding company Tiny has received conditional approval to graduate to the Toronto Stock Exchange (TSX) as its stock price nears its all-time low.
Tiny has been trading on the early-stage-focused TSX Venture Exchange (TSXV) since 2023, when it merged with its publicly traded subsidiary WeCommerce. A company can graduate exchanges if it achieves significant growth in assets and working capital, along with other requirements, according to National Bank Direct Brokerage.
“It all feeds into this idea of better liquidity [and] institutional base.”
Jordan Taub,
Tiny
Tiny has been working on meeting graduation requirements, including improving its disclosure reporting and governance practices, since it acquired DJ software Serato earlier this year, CEO Jordan Taub told BetaKit in an…
