SRx Health Solutions Announces the Cancellation of Approximately 18.8 Million Shares of its Capital Stock

Core Viewpoint - SRx Health Solutions, Inc. has announced the cancellation of approximately 18.8 million shares of its capital stock as part of a Settlement Agreement with certain former officers of its Canadian subsidiary, SRx Canada, while also planning to pursue legal remedies against other former officers not included in the agreement [1][2][3]. Group 1: Share Cancellation and Settlement - The cancellation of approximately 18.8 million shares was executed under a Settlement Agreement with certain founders and former officers of SRx Canada [1][2]. - The Forfeited Shares represent about 60% of the total number of Common Stock and Exchangeable Shares outstanding prior to the Settlement Agreement [3]. Group 2: Legal Actions - The Company intends to explore all available legal remedies against former officers of SRx Canada who are not part of the Settlement Agreement to recover any lost value for its stockholders [3]. Group 3: Company Overview - SRx Health Solutions, Inc. is a leading integrated healthcare services provider in Canada, operating within the specialty healthcare industry across all ten provinces [4]. - The Company focuses on creating strategies and solutions that enhance patient care and wellness in Canada [4].