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The Westaim Corporation Reports Q4 and Full Year 2024 Results and Update on Timing of Proposed Transactions with CC Capital
The Westaim Corporation reported a net loss of $21.3 million for Q4 2024 and a net loss of $16.2 million for the full year ended December 31, 2024. Shareholders' equity was $497.4 million with 21,706,501 common shares outstanding. Book value per share was $22.88. Proposed transactions with CC Capital have not closed. The Company completed a share consolidation and changed its jurisdiction of incorporation to Delaware.
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