NuRAN Wireless Inc. Approves Share Consolidation as Part of Restructuring Plan
NuRAN Wireless Inc. (CSE:NUR; OTC: NRRWF; FSE: 1RN) announced that its board of directors has approved a consolidation of the company’s issued and outstanding common shares. The consolidation will be executed at a ratio of one post‑consolidated share for every 300 pre‑consolidated shares.
Key Dates and Regulatory Steps
- Shareholder approval: The consolidation was ratified by shareholders at the meeting held on 22 October 2025.
- Board‑set effective date: The board has designated 9 December 2025 as the effective date.
- Trading status: Shares are expected to trade on a post‑consolidated basis starting on 9 December 2025, pending final confirmation from the Canadian Securities Exchange (CSE).
- Strategic purpose: The consolidation is intended to satisfy conditions and regulatory approvals required for potential listing on U.S. exchanges such as NASDAQ or NYSE.
Company Context
NuRAN Wireless is a Canadian telecommunications company that designs and develops customized wireless communication solutions for industries including healthcare, transportation, and energy. Its flagship product, the iWave Mobile Internet Protocol Suite, delivers high‑quality, reliable, and secure network connections for mobile applications and IoT devices. The company also provides public‑safety and emergency‑response systems and partners with various organizations to deliver innovative solutions.
Financial Snapshot (as of 4 December 2025)
- Close price: 0.015 CAD
- 52‑week high: 0.115 CAD (28 May 2025)
- 52‑week low: 0.015 CAD (4 December 2025)
- Market capitalisation: 2,460,000 CAD
- Price‑to‑earnings ratio: –0.194
The share consolidation represents a significant step in NuRAN Wireless’s restructuring strategy, aimed at improving liquidity, meeting listing requirements, and positioning the company for future growth in the wireless infrastructure sector.
