Core Viewpoint - Premier Diversified Holdings Inc. has completed the acquisition of AJA Health and Wellness Ltd., AJA Therapeutics Inc., and Assured Diagnosis Inc., marking a significant step in the company's growth strategy and a reverse take-over under TSX Venture Exchange policies [1][2]. Transaction Details - The acquisitions involved the amalgamation of AJA Health and ADI with wholly-owned subsidiaries of the company, resulting in two new wholly-owned subsidiaries [1]. - The company purchased 1,500,000 shares of ATI, making it a subsidiary of the company and Amalco 1 [1]. - Following the transaction, the company will have 86,687,742 common shares issued and outstanding [3]. Management and Board of Directors - The Board of Directors has been reconstituted to include G. Andrew Cooke, Alnesh Mohan, Sanjeev Parsad, Dr. Simon Sutcliffe, Eric Tsung, James Viccars, and Elizabeth Bryant Viccars [4]. - Sanjeev Parsad will serve as President and CEO, Alnesh Mohan as CFO, and Maria Nathanail as Corporate Secretary [4]. Business Operations - Post-transaction, the company will operate in telemedicine, health insurance options, employee benefit packages, and natural skin care and pain relief products [5]. Regulatory Information - An Information Circular related to the transaction was filed on August 14, 2024, and is available for review [6]. - Trading of the company's common shares is currently halted pending final filings with the Exchange [6].
Premier Diversified Holdings Inc. Announces Closing of Reverse Takeover Transaction