Brief: Shiny Bud Files Notice Of Intention To Make A Proposal Under The Bankruptcy And Insolvency Act

Shiny Health & Wellness

28/05/2024 14:12

May 28 (Reuters) - Shiny Health & Wellness Corp
 SNYB.V :
    * SHINY BUD INC. FILES NOTICE OF INTENTION TO MAKE A
PROPOSAL
UNDER THE BANKRUPTCY AND INSOLVENCY ACT
    * SHINY HEALTH & WELLNESS CORP - COMPANY INTENDS TO SEEK AN
ORDER
FROM COURT APPROVING TERMS OF SISP AND DIP LOAN
    * SHINY HEALTH & WELLNESS CORP - COMPANY'S OBJECTIVE IS TO
COMPLETE SISP BY END OF JULY 2024
    * SHINY HEALTH & WELLNESS CORP - IF DIP AGREEMENT IS
APPROVED,
COMPANY BELIEVES IT HAS SUFFICIENT RESOURCES TO FUND ITS
OPERATIONS DURING SISP

Source text for Eikon:  ID:nCNWDyXMka 
Further company coverage:  SNYB.V 

 ((Reuters.Briefs@thomsonreuters.com;))