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Numinus Wellness Inc T.NUMI

Alternate Symbol(s):  NUMIF

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.


TSX:NUMI - Post by User

Comment by JocetooBadon Jun 09, 2022 2:55pm
249 Views
Post# 34744748

RE:What is the value of this deal?

RE:What is the value of this deal?Hello Yvrean, 

You are correct that every NM shareholder is getting 0.84x NUMI share for each one of their NM shares. In the end it won't matter which price the NM shares were trading at. What'll matter from now on is how wel NUMI shares hold. If it's $0.365 a piece, then NM shareholders are getting $23M worth at this current time, but things will evolve with time. I personally think it's a good move to merge, because both companies will put their resources in common and drive cost reductions, which are TOTALLY needed to make this profitable. Good luck!
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