regulatory
confidence high
sentiment neutral
materiality 0.50
iAnthus files appeal in BC Supreme Court to extend deadline for 2020 annual meeting to June 30, 2022
iANTHUS CAPITAL HOLDINGS, INC.
- On Dec 17, 2021, iAnthus filed a Notice of Appeal in BC Supreme Court after the BC Registrar refused a further extension for the 2020 AGM.
- The Company requests an extension to hold the 2020 AGM until June 30, 2022, citing the pending recapitalization transaction not yet closed.
- The BC Registrar had previously granted extensions to Dec 31, 2021, but declined further citing a policy of maximum 12-month extensions.
- No hearing date for the appeal has been scheduled yet.