Credissential Announces Share Consolidation Plan

Credissential Inc., a financial services software developer, has announced a consolidation of its Class A common shares. The move, approved by shareholders, will see 120 pre-consolidated shares combined into one post-consolidated share. The aim is to make the company more appealing to new investors. The board of directors has set May 5, 2026, as the record date, with trading expected to start on the same day.

Currently, Credissential has 154,005,369 pre-consolidated shares. Post-consolidation, this number will reduce to approximately 1,283,378 shares. Shareholders will receive instructions for exchanging certificates, while those holding through brokers need not take action. Fractional shares will not be issued, being rounded down instead. Convertible securities will also be adjusted according to the consolidation ratio.