Indiva Provides Update on SNDL Loan and Retains Financial Advisor To Evaluate Strategic Alternatives
Concurrently, the Company has retained
There is no set timetable to complete the strategic review process nor have any decisions been made relating to strategic alternatives at this time. There can be no assurance that the strategic review will result in any binding offer or transaction.
ABOUT
DISCLAIMER AND READER ADVISORY
General
This news release contains forward-looking statements, including, but not limited to, the outcome of a strategic alternative transaction and other statements which are not historical facts. When used in this document, the words such as "could", "believe", "estimate", "expect", "intend", "may", "potential", "should" and similar expressions indicate forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements other than as required by law. By their nature, forward-looking statements are based on the opinions and estimates of management on the date that the statements are made and involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other events contemplated by the forward-looking statements will not occur or will differ materially from those expected. Such risks and uncertainties include, but are not limited to, the inability of the Company and the Advisor to identify and evaluate strategic alternatives. Although the Company believes that the expectations represented by such forward-looking statements are reasonable based on the current business environment, there can be no assurance that such expectations will prove to be correct as these expectations are inherently subject to business, economic and competitive uncertainties and contingencies. Some of the risks and other factors which could cause results to differ materially from those expressed in the forward-looking statements are contained in the Company's management's discussion and analysis, which is available on SEDAR+, but are not limited to such risks and other factors stated therein.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240402705240/en/
INVESTOR CONTACT
Phone: 416-881-5154
Email: ir@indiva.com
Phone: 1-888-649-6686
Email: contact@indiva.ca
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