INEO Tech Corp. Announces Share Consolidation Details

INEO Tech Corp. (TSXV:INEO)(OTCQB:INEOF) announced that its share consolidation will take effect on June 5, 2026. The stock will consolidate on a 1-for-10 basis, with trading on this new basis starting the same day on the TSX Venture Exchange under the ticker "INEO". There will be no change to the company's name.

The new CUSIP for post-consolidation shares is 45674Q409, and the ISIN is CA45674Q4097. The consolidation, approved by the board and accepted by the TSX Venture Exchange, will not issue fractional shares. Any fractional holdings under one-half will be canceled, while those at least one-half will round up.

This consolidation aligns with INEO's financing plan. The plan includes private placement financing and converting some debt to equity. These actions, including amending a $1 million debt maturity, await final approval from the TSX Venture Exchange.