Akanda corp. announces reverse stock split

Toronto, ontario--(newsfile corp. - august 22, 2025) - akanda corp. (nasdaq: akan) (the "company" or "akanda"), today announced that it expects to implement a 1-for-3.125 reverse stock split of the company's common shares effective august 26, 2025. the reverse stock split was previously approved by the company's shareholders on april 30, 2025 and board of directors on august 8, 2025 and will begin trading on an adjusted basis giving effect to the reverse stock split at the opening of market on august 26, 2025 under the existing ticker symbol "akan".
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