Alkaline Water announces 15-for-1 reverse stock split to meet Nasdaq bid price; CSE delisting

ALKALINE WATER Co INC

Reverse stock split 15-for-1 effective April 5, 2023; reduces outstanding from ~152M to ~10.1M shares.
Authorized common shares decreased to 13,333,333 from 200,000,000.
Split aims to raise share price above $1.00 to comply with Nasdaq continued listing requirement.
Company voluntarily delisted from Canadian Securities Exchange on April 3, 2023.

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