04:36 PM EDT, 08/29/2025 (MT Newswires) -- InnoCan Pharma ( INNPF ) on Friday said it will consolidate its shares on a one-for-65 basis ahead of a U.S. public offering of shares units and a listing on the Nasdaq Exchange.

The company did not say when the consolidation or public offering will be completed. It expects its shares to trade under the INNP symbol on the U.S. exchange, while the warrants attached to the units will be listed under the INPPW symbol.

"We are pleased to take this step as part of our plan to complete a US public offering and NASDAQ listing," said chief executive Iris Bincovich.

InnoCan Pharma ( INNPF ) shares closed unchanged at $0.21 on the Canadian Securities Exchange.