Green Leaf Innovations Announces Strategic Reduction of Authorized Shares from 60,000,000,000 Billion to 50,000,000 Million
Rhea-AI Summary
Green Leaf Innovations (OTCID: GRLFD) announced a reduction of its authorized common shares from 60,000,000,000 to 50,000,000, a 1,200-to-1 reduction announced January 8, 2026. The Board, with majority shareholder approval, said the move aims to optimize capital structure, enhance per-share metrics, and reduce dilution risk.
The company cited prior transformational activity in 2024, including the acquisition of SOFLO Wholesaler Group and stated revenue growth exceeding 1,000%. The company will file a Certificate of Amendment with the Florida Secretary of State.
Positive
- Authorized shares reduced from 60,000,000,000 to 50,000,000 (1,200-to-1)
- Company states aim to reduce dilution risk for existing shareholders
- Company will file a Certificate of Amendment with Florida Secretary of State
Negative
- None.
News Market Reaction
On the day this news was published, GRLFD gained 145.75%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
PEMBROKE PINES, FLORIDA / ACCESS Newswire / January 8, 2026 / Green Leaf Innovations, Inc. (OTCID:GRLFD), a leading distributor of premium handmade cigars, today announced that its Board of Directors, with the approval of the majority shareholder, has authorized a significant reduction in the Company's authorized common shares from Sixty Billion (60,000,000,000) shares to Fifty Million (50,000,000) shares.
This strategic corporate action represents a 1,200-to-1 reduction in authorized capital and reflects the Board's commitment to optimizing the Company's capital structure, enhancing per-share value, and demonstrating fiscal responsibility to current and prospective shareholders.
Key Benefits of the Authorized Share Reduction:
Enhanced Shareholder Value: By significantly reducing the number of authorized shares, the Company is taking decisive action to improve per-share metrics and demonstrate its commitment to maximizing returns for shareholders.
Reduced Dilution Risk: The reduction in authorized shares limits the potential for future dilution, providing greater certainty and confidence to investors regarding the Company's equity structure.
Improved Capital Structure: This action aligns the Company's authorized capital with its operational needs and growth strategy, reflecting a more disciplined approach to equity management.
Increased Investor Appeal: A streamlined capital structure positions the Company more favorably for institutional consideration and enhances the overall attractiveness of the Company's securities.
Roberto Mederos, Chief Executive Officer of Green Leaf Innovations, commented, "This authorized share reduction is a clear demonstration of our Board's unwavering commitment to creating long-term value for our shareholders. Following our transformational 2024, which included the successful acquisition of SOFLO Wholesaler Group and record revenue growth exceeding 1,
The Company will file the necessary Certificate of Amendment with the Secretary of State of Florida.
ABOUT GREEN LEAF INNOVATIONS, INC.
Green Leaf Innovations, Inc. is a premier distributor and manufacturer of handmade premium cigars, including renowned brands such as CUBANACAN, MEDEROS, MAL.CRI.AO, TABACALERA SERRANO and others. With operations spanning Nicaragua's premier tobacco-growing regions and distribution reaching over 400 retail locations across the United States, Green Leaf Innovations is committed to delivering exceptional products to cigar enthusiasts while building shareholder value.
For more information, visit www.greenleafinnovation.com or follow @otcgrlf on X.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Factors that could cause such differences include, but are not limited to: market acceptance of the recapitalized share structure, competitive conditions in the premium cigar market, regulatory changes, capital availability, and general economic conditions. The company undertakes no obligation to update forward-looking statements except as required by law.
INVESTOR RELATIONS CONTACT
Green Leaf Innovations, Inc.
Email: info@greenleafinnovation.com
Contact: Ryan Medico
Phone: (800) 303-6268
Website: www.greenleafinnovation.com
SOURCE: Green Leaf Innovations, Inc.
View the original press release on ACCESS Newswire
FAQ
What exactly did Green Leaf Innovations (GRLFD) change about its authorized shares on January 8, 2026?
How does the authorized share reduction affect GRLFD shareholders' dilution risk?
Will Green Leaf Innovations (GRLFD) file paperwork after the authorized share reduction?
Does the authorized share reduction change GRLFD outstanding shares or market float immediately?
What corporate events in 2024 did Green Leaf cite when announcing the GRLFD share reduction?
