Core Viewpoint - SRx Health Solutions, Inc. has canceled an additional 350,000 shares, bringing the total canceled shares to over 19 million as part of a Settlement Agreement with certain founders and former officers of its Canadian subsidiary [1][2] Group 1: Share Cancellation and Settlement - The cancellation of shares was executed under a Settlement, Share Forfeiture and Mutual Release Agreement with specific parties [1] - Approximately 19 million exchangeable shares were forfeited by certain founders and former officers of SRx Canada, originally issued during the acquisition of SRx Canada [2] Group 2: Legal Actions - The company plans to explore all available legal remedies against former officers of SRx Canada who are not part of the Settlement Agreement to recover 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]
SRx Health Solutions Cancels an Additional 350,000 Shares, Increasing the Total Number of Shares Canceled to Over 19 Million
Globenewswireยท2025-08-29 11:05