Ikänik Farms, Inc. has filed articles of amendment with the effective date of May 25, 2022, to change its name from Ikänik Farms Inc. to Pideka Group Inc. The company's new stock symbol on the Canadian Securities Exchange will be PDKA.
The CUSIP number assigned to the company's Subordínate Voting Shares is 72004D106. The CUSIP number for Series A Voting shares will be provided in a future press release.
No action is required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates are not affected by the name change and do not need to be exchanged. Shareholders do not need to tender their existing shares as the transfer agent will be pushing out the new shares to all existing shareholders. Shareholders should ensure that the transfer agent has their current contact information.
"The company has transitioned its business to produce raw cannabis flower and derivatives for manufacturing pharmaceutical cannabis products for medical applications from its indoor cultivation facility called "Pideka" in Bogotá, Colombia, and it simply made sense that as part of this process, we change our corporate name to align with the brand equity that "Pideka" has established over the past several years as a leading indoor pharmaceutical supplier of psychoactive cannabis flower," said Borja San De Madrid, CEO.
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