Brief: Sio Gene Therapies Inc. Announces Board Approval Of Plan Of Complete Liquidation, Dissolution

Sio Gene Therapies

14/12/2022 22:23

Dec 14 (Reuters) - Sio Gene Therapies Inc  SIOX.O :
    * SIO GENE THERAPIES INC. ANNOUNCES BOARD APPROVAL OF PLAN
OF
COMPLETE LIQUIDATION AND DISSOLUTION
    * SIO GENE THERAPIES - CO INTENDS TO CALL SPECIAL MEETING OF
ITS
SHAREHOLDERS IN FIRST CALENDAR QUARTER OF 2023 TO SEEK APPROVAL
OF PLAN OF DISSOLUTION
    * SIO GENE THERAPIES INC - CO WILL ESTABLISH A RESERVE,
WHICH WILL
BE USED TO PAY ALL EXPENSES
    * SIO GENE THERAPIES - BOARD DETERMINED THAT IT IS IN BEST
INTERESTS OF CO TO DISSOLVE COMPANY AND LIQUIDATE ITS ASSETS,
INCLUDING ITS SUBSIDIARIES
    * SIO GENE THERAPIES - CO WILL ESTABLISH A RESERVE TO BE
USED TO
PAY ALL EXPENSES AND OTHER KNOWN, NON- CONTINGENT LIABILITIES
AND OBLIGATIONS

Source text for Eikon:  ID:nGNX5rTyHz 
Further company coverage:  SIOX.O 
 ((Reuters.Briefs@thomsonreuters.com;))