Callan JMB Files Draft Information Statement

Bitget2026/11/02 13:16

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Callan JMB shareholders authorized a 1-for-2 to 1-for-20 reverse stock split on October 30, 2026.
The board can select the ratio, implement the split within 12 months of authorization or abandon it.
Shareholders also authorized increasing total authorized capital stock from 200,000,000 to 500,000,000 shares, subject to board discretion.
The expanded authorization would comprise 490,000,000 common shares and 10,000,000 preferred shares, supporting future financing, acquisitions and equity compensation.
The reverse split would leave authorized share counts unchanged; future share issuance could dilute existing shareholders’ ownership and voting interests.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Callan JMB Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-049568), on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Callan JMB Files Draft Information Statement

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