# Hydaway Digital Proposes 7-to-1 Consolidation and Rename to Quantex Digital > Hydaway Digital proposes a 7-to-1 share consolidation cutting 37,482,261 shares to 5,354,609 and a name change to Quantex Digital Corp.. - Published: 2026-10-23T23:16:20+00:00 - Section: Dividends & Buybacks - Author: News Desk - URL: https://newsforagent.com/news/2026-10-23/hydaway-digital-share-consolidation-name-change - Source: [Newswire](https://www.newswire.ca/news-releases/hydaway-digital-announces-proposed-share-consolidation-and-name-change-803258904.html) ## Key takeaways - Hydaway Digital intends to consolidate its common shares at a ratio of seven pre-consolidated shares to one post-consolidated share. - The company has 37,482,261 common shares issued and outstanding, which would fall to 5,354,609 after the consolidation. - The consolidation and the name change to Quantex Digital Corp. are subject to acceptance by the TSX Venture Exchange. Hydaway Digital Corp. Announced on October 23, 2026 that it intends to consolidate its issued and outstanding common shares at a ratio of seven pre-consolidated shares to one post-consolidated share and to change its name to Quantex Digital Corp. The company said it has 37,482,261 common shares issued and outstanding, a figure that would fall to 5,354,609 after the consolidation. [Newswire](https://www.newswire.ca/news-releases/hydaway-digital-announces-proposed-share-consolidation-and-name-change-803258904.html) published the announcement. ## Hydaway Digital's Consolidation Ratio and Share Count Hydaway Digital said the purpose of the consolidation is to improve the capital structure and generate greater investor interest. Fractional shares will be rounded to the nearest whole number. Under the company's Articles, neither the name change nor the consolidation requires shareholder approval. Once the name change and consolidation are complete, a letter of transmittal will be mailed to registered shareholders advising that the consolidation has taken effect. That letter will carry instructions on how registered shareholders can exchange share certificates or DRS statements evidencing pre-consolidation shares for new certificates or DRS statements representing the post-consolidation shares they are entitled to. Non-registered shareholders, those holding through an intermediary, need take no action. Until surrendered, each certificate for pre-consolidation shares will be deemed to represent the number of shares the holder is entitled to after the consolidation. Hydaway Digital is a North Vancouver-based AI infrastructure and compute services company. It runs a GPU rental platform providing bare-metal compute capacity for AI training, inference and high-performance workloads, and through its wholly-owned subsidiary 100098940 Ontario Inc. (RealityChek) offers a multi-modal AI detection and content verification platform. ## RealityChek Connectors and Earlier Hydaway Digital Moves On October 21, 2026, Hydaway Digital launched DETECT connectors for AI assistants, enabling deepfake detection and content verification, with availability to consumer and enterprise customers and integration with Claude, ChatGPT and Grok, TradingView reported. On September 30, 2026, Kalkine reported that Hydaway Digital is combining GPU rental and rendering services with RealityChek, an AI detection platform acquired in February 2026, in a deal paid in shares with initial consideration of 6 million shares at $0.14 and up to 1.86 million more tied to milestones. On September 16, 2026, Hydaway Digital appointed Group APZ as its first-choice GPU hardware and procurement advisory provider for its RealityChek platform and GPU rental business, under a non-exclusive agreement with a one-year term and automatic renewals, Newswire reported. ## Reverse Splits and Bonus Issues Elsewhere Mondo TV France SA reported it will reverse split 137,902,670 ordinary shares at a 1-for-10 ratio on October 26, 2026, issuing 13,790,267 new shares, with no further details disclosed on the split's purpose or impact, [The future of trading](https://capital.com/en-int/news/mondo-tv-to-reverse-split-137-902-670-ordinary-shares-on-oct) reported. Tech Mahindra announced a bonus issue of shares, a move [Mint](https://www.livemint.com/market/stock-market-news/tech-mahindra-bonus-issue-a-sweet-deal-or-market-trap-11792582032984.html) reported improves stock liquidity, preserves company cash and signals financial health and growth prospects. Yolo Group will hold an extraordinary shareholders' meeting in Milan on November 5, 2026, with a second call on November 6, where shareholders will vote on a cash capital increase of up to EUR 2 million and a separate proposal to authorize the board to issue ordinary shares totaling up to EUR 25 million, [The future of trading](https://capital.com/en-int/news/yolo-group-announces-extraordinary-shareholder-meeting) reported. ## What Follows TSX Venture Exchange Acceptance The consolidation and the name change are subject to the acceptance of the TSX Venture Exchange. Upon that acceptance, Hydaway Digital will issue a further news release announcing the effective date of the name change and consolidation as well as the company's new stock symbol. ## Companies in this story - Hydaway Digital · website: https://www.hydawaydigital.com --- News for Agent · https://newsforagent.com/llms.txt