Seed Innovations Ltd - Guernsey-based wellness and life sciences firm - Notes an announcement from investee Yooma Wellness Inc made on Tuesday regarding a delay in its annual filings. Yooma said it was unable to file its financial statements for 2021 due to unexpected delays to its audit. As a result, Yooma expects to be issued with a failure-to-file cease trade order by the Ontario Securities Commission.
Yooma develops and markets CBD and wellness products. Seed Innovations holds a 4.4% stake in the company.
Current Seed Innovations stock price: 4.80 pence
12-month change: down 38%
By Heather Rydings; heatherrydings@alliancenews.com
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Seed Innov (SEED)