GREY:ALEAF - Post by User
Comment by
CMHarring218431on Feb 01, 2021 9:46am
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Post# 32435288
RE:RE:Aleafia Health to Appoint Two New Independent Directors
RE:RE:Aleafia Health to Appoint Two New Independent DirectorsIn connection with the director appointments, the Company entered into a director nomination agreement with a group of shareholders of the Company representing approximately 15.65% of the issued and outstanding common shares of the Company pursuant to which, among other things, such shareholders have agreed to a customary standstill provision in favour of the Company until December 31, 2021 (provided that it may be terminated after the 2021 annual meeting of the shareholders of the Company (the "2021 Annual Meeting") in certain circumstances) and to vote all of their common shares in favour of the director nominees recommended by the Company for election at the 2021 Annual Meeting, which the Company has agreed to hold no later than June 30, 2021