Numinus Wellness Inc NUMIF

Primary Symbol: T.NUMI

Healthcare

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

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

<< Previous

Bullboard Posts

Next >>

Comment by Lisagerrard17on Jul 08, 2022 9:07am

187 Views

Post# 34810587

RE:What is the value of this deal?

yvrean wrote: 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?