Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - Trilogy AI Corp. (CSE: TRAI) (OTCQB: TRAIF) (FSE: Y920) announces that its board of directors ("Board") has approved a share consolidation on a four (4) for one (1) basis (the "Consolidation"). The Company currently has 56,528,815 common shares ("Shares") issued and outstanding; following completion of the Consolidation, and subject to rounding, the Company will have approximately 14,132,204 Shares issued and outstanding. The Board believes the Consolidation will provide the Company with increased flexibility to seek financing opportunities, increase interest and improve trading liquidity.
The Company does not intend to undergo a name change in conjunction with the proposed Consolidation and will provide additional details regarding the Consolidation in a subsequent news release.
The Company is also pleased to announce that Mr. DJ Bowen has been appointed as a Director of the Company, effective November 26, 2024.
DJ has served on the boards of multiple public companies, and brings over 20 years of expertise in quantitative trading, portfolio management, financial analysis, and software development for equity markets. He is well versed in programming, having developed numerous financial applications to streamline trading operations.
About Trilogy AI Corp.
Trilogy AI Corp. is a company committed to transforming the beauty industry through its AI beauty technology "Scarlett".
