VANCOUVER, BC, Nov. 5, 2026 /CNW/ -- Hydaway Digital Corp. (TSXV: HIDE) (OTCQB: HIDDF) (FSE: C88) ("Hydaway" or the "Company") is pleased to announce that it has consolidated its issued and outstanding common shares at a ratio of seven (7) pre-consolidated common shares to one (1) post-consolidated common share (the "Consolidation"), and has changed its name to "Quantex Digital Corp." (the "Name Change"). The Company's common shares (the "Common Shares") will commence trading on the TSX Venture Exchange under its new name, effective open of markets on November 9, 2026. The Company's new stock symbol will be ("QTX").
The CUSIP number assigned to the Common Shares following the Name Change will be 74767U101. No action is required by existing shareholders of the Company with respect to the Name Change. Certificates representing Common Shares under the old name of the Company will not be affected by the Name Change and will not need to be exchanged.
Following the Consolidation, the Company will have approximately 5,354,609 Common Shares issued and outstanding. A letter of transmittal will be sent by mail to registered shareholders advising that the Consolidation has taken effect. The letter of transmittal will contain instructions on how registered shareholders can exchange their share certificates and/or DRS statements evidencing their pre-consolidation Common Shares for new share certificates and/or new DRS statements representing the number of post-consolidation Common Shares to which they are entitled. No action is required by non-registered shareholders (shareholders who hold their Common Shares through an intermediary) to effect the Consolidation. Until surrendered, each certificate representing the pre-consolidation Common Shares will be deemed for all purpose to represent the number of Common Shares to which the holder is entitled as a result of the Consolidation.
Forward-Looking Statements
This news release includes certain statements that may be deemed "forward-looking statements", including statements regarding the availability, functionality and adoption of the RealityChek connectors and the development and anticipated launch timing of a RealityChek mobile application. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties, including risks related to software development timelines, third-party platform requirements and app store approval processes. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Hydaway Digital Corp.