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Monday, September 11, 2023

Novo Integrated Updates on Buyback, Restructuring

Novo Integrated Sciences, Inc. (NASDAQ: NVOS) (the "Company" or "Novo"), today provides an update with respect to the Company’s Board of Directors (the "Board") conducting a strategic review of the Company to include implementing a future share repurchase program. The Board is considering and evaluating a share buyback of up to $5,000,000 upon closing and full funding of either (i) the $70,000,000 RC Note with a total draw of $57,000,000; or (ii) the SWAG Agreement for the purchase of a precious gem collection. Both transactions have been previously disclosed.

https://finance.yahoo.com/news/novo-integrated-sciences-provides-potential-130000106.html

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