A2Z Cust2Mate Implements Reverse Share Split

A2Z Cust2Mate Solutions Corp., a leading provider of technology solutions, has announced a reverse share split that will take effect on October 8, 2024. The 1-for-2.5 reverse share split aims to comply with Nasdaq's $1.00 minimum bid price requirement. The company's common shares will begin post-split trading on this date under the symbol "AZ" with a new CUSIP number 002205102.

Through this action, 62,241,236 current shares will be consolidated into approximately 24,896,494 new shares. Convertible securities will also adjust accordingly. No changes will be made to the shares' par value, and all fractional shares will round up to the nearest whole number.

The Olympia Trust Company will serve as the exchange agent. Shareholders with broker-held shares will see automatic adjustments, while those with certificates must complete further steps for new statements.