AJA Health and Wellness Inc. Provides Update on Delay in Filing Financial Statements

Core Viewpoint - Aja Health and Wellness Inc. is nearing the completion of its annual audited financial statements for the year ending December 31, 2024, following a management cease trade order due to delays in filing [2][3]. Group 1: Financial Filing Updates - The Alberta Securities Commission issued a management cease trade order on May 6, 2025, because Aja was unable to file its Required Annual Filings by the April 30, 2025 deadline [2]. - The delay in filing is attributed to the need for a valuation related to a reverse takeover transaction that closed on September 17, 2024, which will be treated as a series of acquisitions for accounting purposes [3]. - Aja expects to file the Required Annual Filings on or before July 31, 2025 [3]. Group 2: Trading Restrictions - The management cease trade order restricts trading in Aja's securities by executive officers until the order is lifted, but regular trading by other investors continues as normal [4]. - The cease trade order will remain in effect until two full business days after the Required Annual Filings are submitted [4]. Group 3: Interim Financial Statements - Due to the delay in the Required Annual Filings, Aja was also unable to file its unaudited interim financial statements for the three months ended March 31, 2025, by the May 30, 2025 deadline [6]. - The company aims to complete and file the Interim Filings on or before August 29, 2025 [6].