Numinus Wellness Inc T.NUMI

Alternate Symbol(s): NUMIF

Healthcare

Numinus Wellness Inc. is a Canada-based mental health care company. The Company helps people to heal and be well through the development and delivery of mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Company's segments include Clinical Research Operations, Canadian Clinic Network and US Clinic Network. Its Clinical Research Operations is focused on licensed psychedelic research and provides clinical research management services to academic institutions and biotechnology companies. Its Canadian Clinic Network segment includes wellness clinics based in Canada offering clinical services, including traditional therapy and counseling, ketamine-assisted therapies, mindfulness programs, and virtual psychotherapy. The US Clinic Network segment includes wellness clinics based in the United States that offers clinical services, such as psychedelic-assisted therapies, transcranial magnetic stimulation, and psychiatric and medical model management.

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Numinus Wellness Inc > What is the value of this deal?

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Post by yvreanon Jun 08, 2022 5:07pm

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Post# 34741746

What is the value of this deal?

Posted on NM site:
I am very confused as to what the acquistion price will be, because if it's still appx. $26.2mil, how does this math work out?
NUMI offering/making available 63mill shares for NM's appx 75mil would equal .84 of NM's shares for new NUMI shares
NUMI now at .$0365 x .84 = $0.31 NM value and NM closed today at $0.25 which would make the value of this deal at almost $19mil.

How is NM getting value from a proposed acquision of $26.2mil and the day of approval closing at $19mil ???????? Isn't this a $7mil loss?

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