FSD Pharma Rebrands As Quantum BioPharma: Major Share Consolidation Announced
FSD Pharma Inc. (NASDAQ:HUGE), a leading biopharmaceutical company, has unveiled a series of significant corporate changes aimed at enhancing its market position. The company will undergo a share consolidation and change its name to “Quantum BioPharma Ltd.” as part of a broader strategy to align with its evolving business focus and comply with Nasdaq’s listing requirements.
What happened: The share consolidation, set to take effect on August 15, 2024, will reduce the number of issued and outstanding shares, consolidating every sixty-five (65) pre-consolidation shares …