Reverse split consolidates Akanda Corp (AKAN) common shares 1-for-4.5

Rhea-AI Filing Summary

Akanda Corp. has formally implemented a share consolidation through a 1-for-4.5 reverse stock split of its issued and outstanding common shares. This change is documented in Articles of Amendment filed under Ontario’s Business Corporations Act and is effective April 13, 2026.

Every 4.5 pre-consolidation common shares are now combined into one post-consolidation share, and no fractional shares are issued. Any fractional entitlement is rounded down to the nearest whole share for each shareholder. The amendment was authorized by a shareholder or director resolution approved on March 26, 2026.

Insights

Equity structure analyst

Akanda consolidates shares in a 1-for-4.5 reverse split, changing only share count, not total value.

Akanda Corp. is consolidating its common shares on a 1-for-4.5 basis, effective April 13, 2026. This reverse split reduces the number of shares each holder owns while keeping their proportional ownership and the company’s overall equity base conceptually aligned.

No fractional shares will be issued; entitlements are rounded down to the nearest whole share, slightly reducing holdings for investors who do not own exact multiples of 4.5 shares. The amendment is formally documented in Articles of Amendment under Ontario’s Business Corporations Act, following approval on March 26, 2026.

Key Figures

Reverse split ratio: 1-for-4.5 common shares Effective date of amendment: April 13, 2026 Resolution approval date: March 26, 2026 +1 more

4 metrics

Reverse split ratio 1-for-4.5 common shares Consolidation of issued and outstanding common shares

Effective date of amendment April 13, 2026 Date the reverse stock split takes effect

Resolution approval date March 26, 2026 Date shareholders/directors approved the amendment

Ontario Corporation Number 2854618 Corporate identifier for Akanda Corp in Ontario

Key Terms

reverse stock split, Articles of Amendment, Business Corporations Act, consolidate the issued and outstanding common shares

4 terms

reverse stock split financial

"to reflect the 1-for-4.5 reverse stock split announced on April 9, 2026"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

Articles of Amendment regulatory

"Attached hereto as Exhibit 99.1 is Akanda Corp.’s Articles of Amendment"

Articles of amendment are official documents a corporation files with the government to record changes to its foundational details, such as its name, share structure, authorized capital, or bylaws. Think of them like updating a company’s recipe or blueprint so everyone knows the new ingredients and rules; investors use them to track structural shifts that can affect ownership, voting power, dilution risk, or a company’s strategic flexibility.

Business Corporations Act regulatory

"This amendment has been duly authorized as required by sections 168 and 170 (as applicable) of the Business Corporations Act"

consolidate the issued and outstanding common shares financial

"To consolidate the issued and outstanding common shares of the Corporation on the basis of one (1) post-consolidation common share"

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number: 001-41324

AKANDA CORP.

(Name of registrant)

c/o Gowling WLG (Canada) LLP

100 King St. W, Suite 1600

Toronto, ON M5X 1G5, Canada

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

☒ Form 20-F ☐ Form 40-F

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached hereto as Exhibit 99.1 is Akanda Corp.’s Articles of Amendment, effective April 13, 2026, to reflect the 1-for-4.5 reverse stock split announced on April 9, 2026 and effective April 13, 2026.

Exhibit Number		Description
99.1		Articles of Amendment of Akanda Corp.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	AKANDA CORP.
	(Registrant)
Date: April 10, 2026	By:	/s/ Katie Field
		Name:	Katie Field
		Title:	Interim Chief Executive Officer and Director

2

Exhibit 99.1

Ontario Ministry of Government and Consumer Services Articles of Amendment Business Corporations Act Instructions For questions or more information to complete this form, please refer to the instruction page. Fields marked with an asterisk (") are mandatory. 1. Corporation Information Corporation Name* Akanda Corp, Ontario Corporation Number (OCN)* 2854618 Company Key 976898684 Official Email Address" GWLG, Ontario, Corporate@ca.gowlingwlg.com 2. Contact Information Please provide the following information for the person we should contact regarding this filing. This person will receive official documents or notices and correspondence related to this filing. By proceeding with this filing, you are confirming that you have been duly authorized to do so, First Name" Lori Middle Name Last Name Musacchio 1 Telephone Country Code Telephone Number" 416-862-3600 Extension Email Address lori.musacchio@ca.gowlingwlg.com 3. Proposed New Corporation Name (if applicable) Complete this section only if you are changing the corporation name If you are changing the corporation name, you can either propose a new name or request a number name. If you propose a new name for the corporation, you need a Nuans report for the proposed name. If your corporation has a number name, you must not select the option for a number name, unless you are changing only the legal element. Will this corporation have a number name? Yes No 4. Number of Director(s) (if applicable) Complete this section only if you are changing the number of directors Please specify the number of directors for your Corporation Fixed Number Minimum/Maximum 5. Shares and Provisions (if applicable) (Maximum limit is 100,000 characters per text box) Complete this section only if you are amending the Shares and Provisions Description of Changes to Classes of Shares The corporation amends the Description of Classes of Shares as follows (please be specific): Enter the Text To consolidate the issued and outstanding common shares of the Corporation on the basis of one (1) post-

 

consolidation common snare for every tour and one nalf (4.5) existing pre-consolidation common shares, provided that no fractional common shares of the Corporation shall be issued in connection with the consolidation and the number of common shares to be received by any one shareholder shall be rounded down to the nearest whole number of common shares. Description of Changes to Rights, Privileges, Restrictions and Conditions The corporation amends the Rights, Privileges, Restrictions and Conditions as follows (please be specific): Enter the Text Description of Changes to Restrictions on Share Transfers The corporation amends the Restrictions on Share Transfers as follows (please be specific): Enter the Text Description of Changes to Restrictions on Business or Powers The corporation amends the Restrictions on Business or Powers as follows (please be specific): Enter the Text Description of Changes to Other Provisions The corporation amends the Other Provisions as follows (please be specific): Enter the Text 6. Authorization I, Lori Musacchio confirm that: This form has been signed by the required person. This amendment has been duly authorized as required by sections 168 and 170 (as applicable) of the Business Corporations Act, The resolution authorizing the amendment was approved by the shareholders/directors (as applicable) of the corporation on " March 26, 2026 Requested Date for Amendment * April 13, 2026

 

Caution - The Act sets out penalties, including fines, for submitting false or misleading information. Required Signature Name Jatinder Dhaliwal Position Director Signature -Signed by Jatinder Dhaliwal -ΛΕΟΑΒΑ085508410

FAQ

What reverse stock split did Akanda Corp (AKAN) approve in April 2026?

Akanda Corp approved a 1-for-4.5 reverse stock split of its common shares. Every 4.5 pre-consolidation common shares are now combined into one post-consolidation share, formally documented in Articles of Amendment under Ontario’s Business Corporations Act.

When does Akanda Corp’s 1-for-4.5 reverse stock split become effective?

The reverse stock split becomes effective on April 13, 2026. This effective date is specified in Akanda Corp’s Articles of Amendment filed with Ontario authorities and referenced in the Form 6-K report submitted as a foreign private issuer.

How are fractional shares treated in Akanda Corp’s reverse split?

Akanda Corp will not issue fractional common shares in the 1-for-4.5 consolidation. If a shareholder’s position does not divide evenly by 4.5, the resulting entitlement is rounded down to the nearest whole common share, slightly reducing fractional holdings.

When was Akanda Corp’s reverse stock split authorized?

The reverse stock split was authorized by a corporate resolution approved on March 26, 2026. This approval is confirmed in the Articles of Amendment, which state that the amendment was duly authorized under sections 168 and 170 of the Ontario Business Corporations Act.

What law governs Akanda Corp’s April 2026 Articles of Amendment?

Akanda Corp’s April 2026 Articles of Amendment are governed by Ontario’s Business Corporations Act. The document is filed through the Ontario Ministry of Government and Consumer Services and references compliance with sections 168 and 170 of that statute.

What specific change to share structure did Akanda Corp file in Ontario?

Akanda Corp filed an amendment to consolidate its issued and outstanding common shares on a 1-for-4.5 basis. The filing clearly states this share consolidation and the rule that no fractional shares will be issued, with rounding down to the nearest whole share.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 ARTICLES OF AMENDMENT OF AKANDA CORP 6.3 KB