Eat Well Group (CSE: EWG) (OTC: EWGFF), a publicly traded investment company, has announced that company special warrants that were issued in December 2021 were deemed to be exercised on April 25, 2022. The special warrants were issued in connection with Eat Well Group’s private placement of special warrants. They were exercised into an aggregate of 10,403,999 units, comprised of 10,403,999 common shares in the capital of the company and 5,201,999 common share purchase warrants. According to the announcement, more than 9 million special warrants automatically converted into 1.122 units per each special warrant for a total of 10,403,999 units; the transaction was in accordance with the terms of a special warrant indenture between EWGFF and Computershare Trust Company of Canada. The company noted that each unit consists of one common share and one-half of one warrant. The company also reported that it had received approval from the Canadian Securities Exchange (“CSE”) to list the warrants on the exchange; it is anticipated that those warrants will commence trading under the ticker symbol EWG.WT today. The company also issued a notice of withdrawal to the British Columbia Securities Commission, withdrawing the preliminary short form prospectus dated February 24, 2022.
To view the full press release, visit https://ibn.fm/fLapb
About Eat Well Investment Group Inc.
Eat Well Group is a publicly traded investment company primarily focused on high-growth companies in the agribusiness, food tech, plant-based, and environmental, social and governance (“ESG”) sectors. Eat Well Group’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current investment mandate on the health/wellness industry. The team has financed and invested in early-stage venture companies for more than 25 years, resulting in unparalleled access to deal flow and the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns. For more information about the company, please visit www.EatWellGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF
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