Brief: Neptune Wellness Solutions Inc Files For Non Timely 10-K With U.S. SEC

Neptune Wellness Solutions

30/06/2023 22:04

Neptune Wellness Solutions Inc  NEPT.O :
    * NEPTUNE WELLNESS SOLUTIONS INC FILES FOR NON TIMELY 10-K
WITH
U.S. SEC
    * NEPTUNE WELLNESS SOLUTIONS INC - THERE IS SUBSTANTIAL
DOUBT THAT
THE COMPANY WILL BE ABLE TO CONTINUE AS A GOING CONCERN
    * NEPTUNE WELLNESS SOLUTIONS - EXPECTS TO REPORT TOTAL
REVENUES OF
ABOUT $52.6 MILLION AND GROSS LOSS OF ABOUT $2.7 MILLION FOR
YEAR ENDED MARCH 31, 2023
    * NEPTUNE WELLNESS-REQUIRED TO ACTIVELY MANAGE LIQUIDITY AND
EXPENSES,PAYMENTS OF PAYABLES ARE NOT BEING MADE AS AMOUNTS
BECOME DUE FOR CERTAIN SUPPLIERS
    * NEPTUNE WELLNESS SOLUTIONS INC - RESULTS OF OPERATIONS FOR
FY
QUARTER ENDED MARCH 31, 2023 MAY BE SIGNIFICANTLY DIFFERENT FROM
PRIOR FISCAL YEAR
    * NEPTUNE WELLNESS - EXPECTED Q4 INTANGIBLE ASSETS AND
GOODWILL
IMPAIRMENT CHARGES IN RANGE OF $25 TO $31 MILLION , PRIMARILY
RELATED TO SPROUT BUSINESS

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Further company coverage:  NEPT.O