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Numinus Wellness Inc NUMIF


Primary Symbol: T.NUMI

Numinus Wellness Inc. is a mental health care company. The Company focuses on advancing traditional and behavioral health treatments with a focus on safe, evidence-based psychedelic-assisted therapies. Its segments include Clinical research operations, Practitioner Training, Clinic network, and Corporate. Clinical research operations segment is focused on licensed psychedelic research and provides clinical research management services to academic institutions and biotechnology companies. Practitioner Training segment is engaged in education and training for research and drug development organizations to support clinical trials and commercialization efforts. Clinic network segment includes wellness clinics, which is engaged in providing clinical services from psychedelic-assisted therapies, transcranial magnetic stimulation, and psychiatric and medical model management. Corporate segment includes finance, marketing, information technology, legal, and human resources.


TSX:NUMI - Post by User

Comment by JocetooBadon Jun 09, 2022 2:55pm
288 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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