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Shell Summary for June 17, 2020

2020-06-17 20:47 ET - Market Summary

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by Stockwatch Business Reporter

The TSX Venture Exchange lost 2.67 points to close at 559.79 Wednesday. Eva Koci's first capital pool shell, Klinik Health Ventures Corp. (KHV: halted), has submitted a filing statement for its qualifying transaction, which is the acquisition of 2576560 Ontario Inc., doing business as NeuPath Health. Among the contents of the filing statement that had not been previously released are NeuPath's recent financials and the share positions and salaries of those involved with NeuPath. Besides the filing statement, the shell has released an information circular for its shareholders meeting, which will be held on June 23 on-line. Shareholders will vote on the proposed rollback and name change in connection with the QT. They will also elect the directors of the resulting issuer. Klinik Health Ventures will roll back 1 for 5, leaving it with 3,869,500 shares issued, then issue 24,281,488 shares to NeuPath's shareholders and convertible debenture holders. The resulting issuer will be called NeuPath Health Inc.

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