Cls holdings usa, inc. provides update on reverse stock split (share consolidation) and announces cse delisting

Las vegas, nevada--(newsfile corp. - july 9, 2025) - cls holdings usa, inc. (otcqb: clsh) (cse: clsh) (the "company" or "cls"), announces that on june 24, 2025, the holders ("stockholders") of the common shares of the company ("shares") approved a proposal to effect a reverse stock split (a share consolidation) (the "consolidation") of the common shares of the company ("shares") on the basis of one post-consolidation share for every 4,000,000 pre-consolidation shares issued and outstanding. stockholders approved the consolidation at a special meeting of stockholders on july 24, 2025, where 135,687,759 shares (94.27% of shares present in person or by proxy) were voted in favour of approving the consolidation, 8,235,864 shares (5.72% of shares present in person or by proxy) were voted against, and stockholders holding 11,841 shares (0.01% of shares present in person or by proxy) abstained from voting.
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