other
confidence high
sentiment neutral
materiality 0.30
Jubilant Flame International approves 1-for-100 reverse stock split, effective Sept 9, 2026
Jubilant Flame International, Ltd
- Board and majority shareholders approved reverse split on Aug 20, 2026; ratio 1-for-100 common stock.
- Fractional shares rounded up to one full share; no fractional shares issued in connection with split.
- Outstanding shares reduced from ~19.99 million to ~0.20 million shares post-split.
- Trading begins on adjusted basis Sept 9, 2026 under ticker 'JFIL'; 'D' appended for first 20 trading days.
- New CUSIP number is 48127W 205.