GREY:LXLLF - Post by User
Post by
Habman18on Feb 08, 2019 12:31pm
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Post# 29338450
From the Livewell Website RE: Halt
From the Livewell Website RE: HaltQ. Why is our stock halted and when will it resume trading?
As the merger will result in a reverse takeover by Vitality, a new listing application for the new Merger Co (resulting issuer) is now required to be submitted and approved by the CSE. Further, to ensure our shareholders and prospective investors have relevant financial information on the proposed merger, we are required to distribute audited consolidated financial statements of Vitality in addition to the Circular for the Special Meeting to approve the merger. Therefore, trading of our common stock will only resume once the CSE has approved the listing of the new Merger Co and the Circular (with audited consolidated financial statements of Vitality) delivered to LiveWell shareholders. We anticipate this will be completed in February 2019.