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Numinus Announces Iss Recommends Shareholders Vote In Favor Of The Share Issuance To Acquire Novamind

May 31, 2022•over 3 years ago

Acquiring Company

Numinus

Acquired Company

Novamind

VancouverHealth Care

Description

Numinus Wellness Inc. ("Numinus", the "Company") (TSX: NUMI) (OTCQX: NUMIF) is pleased to announce that Institutional Shareholder Services ("ISS"), a leading proxy advisory firm that provides independent voting recommendations to institutional investors, has recommended that Numinus shareholders vote "FOR" the Company's resolutions in connection with the proposed acquisition of Novamind Inc. ("Novamind"), which was announced on April 12, 2022. The Numinus Special Shareholder Meeting will be held on June 8, 2022 at 11:00 am PT in a virtual-only format conducted by live audio webcast.

Company Information

Company

Numinus

Location

Vancouver, British Columbia, Canada

About

Numinus Wellness Inc. is a mental healthcare company advancing traditional and innovative behavioral health treatments, including safe, evidence-based psychedelic-assisted therapies. Numinus plans to leverage its significant expertise in traditional therapy, clinic management, patient care, insurance reimbursement, and psychedelic-assisted therapy into a unique AI-enabled offering available to the growing number of U.S. mental health care providers.

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M&A Insights

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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