CLS Holdings Announces Massive 4,000,000-to-1 Reverse Split and CSE Delisting

CLS Holdings USA (OTCQB: CLSH) has announced significant corporate actions including a major reverse stock split and delisting from the Canadian Securities Exchange (CSE). The company will implement a 1-for-4,000,000 share consolidation effective July 11, 2025, following stockholder approval where 94.27% voted in favor.

Instead of issuing fractional shares, the company will provide cash payments of $0.037 per pre-consolidation share to affected stockholders. Additionally, CLS Holdings will voluntarily delist from the CSE at the close of business on the effective date and plans to cease being a reporting issuer in Canada using the simplified procedure under National Policy 11-206.