NuRAN Initiates Share Consolidation Ahead of Key Restructuring

NuRAN Wireless Inc., a provider of mobile and broadband wireless infrastructure, has announced a plan to consolidate its common shares in a 300-to-1 ratio. This decision, approved by shareholders, aims to fulfill regulatory requirements for a potential listing on major U.S. stock exchanges such as NASDAQ. The consolidation will reduce NuRAN's issued shares from over 122 million to approximately 409,436, with effective trading anticipated on December 9, 2025.

This initiative is part of a broader restructuring strategy that includes converting up to $26.3 million of debt into equity and raising $3.7 million through new subscriptions. Each subscription unit comprises one post-consolidated share and a half warrant, with fundraising geared towards enhancing the company's financial standing and working capital. The restructuring has attracted additional interest from debt holders and investors, prompting potential further equity adjustments post-closing.