Phivida Holdings Inc.

Recent News

  • Phivida Holdings Inc. Obtains Final Order Approving Plan of Arrangement with Choom Holdings Inc.

    Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - September 10, 2020) -  Phivida Holdings Inc. (CSE: VIDA) ("Phivida" or the "Company") is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving the plan of arrangement with Choom Holdings Inc. ("Choom"), pursuant to which Choom will acquire Phivida by way of plan of arrangement (the "Arrangement"). Assuming all of the other conditions to the completion of the Arrangement are satisfied...

    2020-09-10 3:45 PM ET
  • Phivida Holdings Inc. Announces Results of Annual General and Special Meeting of Shareholders and Shareholder Approval of Arrangement with Choom Holdings Inc.

    Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - September 4, 2020) - Phivida Holdings Inc. (CSE: VIDA) ("Phivida" or the "Company") is pleased to announce the results of the annual general and special meeting of shareholders of the Company (the "Meeting") held today pursuant to the interim order of the Supreme Court of British Columbia, dated August 5, 2020, to consider and, if deemed advisable, to approve the plan of arrangement involving Choom Holdings Inc. ("Choom") and Phivida,...

    2020-09-04 4:02 PM ET
  • Phivida Holdings Inc. Provides $500,000 Secured Bridge Loan to Choom Holdings Inc.

    Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - July 23, 2020) - Phivida Holdings Inc. (CSE: VIDA) ("Phivida") has extended a $500,000 bridge loan (the "Bridge Loan") to Choom Holdings Inc. ("Choom"). As previously announced, on June 2, 2020, Choom and Phivida entered into an arrangement agreement pursuant to which Choom agreed to acquire Phivida (the "Arrangement Agreement").The Bridge Loan is evidenced by a convertible secured promissory note (the "Promissory Note") bearing interest at a rate of...

    2020-07-23 5:30 PM ET
  • Choom Announces Strategic Acquisition of Phivida Accelerating Digital Strategy & Strengthens its Balance Sheet

    Transaction strengthens Choom's leadership position in Canadian cannabis retailChoom poised for accelerated growth with omni-channel retail growth strategyStrategically timed to benefit from the continued Ontario retail rolloutCompelling value-creation opportunity with defensible store portfolio in flagship locationsEnhanced capital markets presence and balance sheet strength to fuel growth in 2020 and beyondCombines the strength of Choom and Phivida's executive teams, national relationships and strategic shareholders with capabilities across retail, branding and digital analyticsVancouver, British Columbia--(Newsfile Corp. - June 3, 2020) - Choom...

    2020-06-03 12:00 PM ET
  • Phivida Holdings Inc. Announces Reliance on Temporary Regulatory Filing Relief

    Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - May 29, 2020) -  Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) ("Phivida" or the "Company") announces that, due to the ongoing COVID-19 pandemic, the Company intends to rely on the temporary blanket relief (the "Relief") for market participants published by the Canadian Securities Administrators, which Relief provides reporting issuers with a 45-day extension for filings required on or before June 1, 2020.The Company will be relying on the Relief, in accordance...

    2020-05-29 6:15 AM ET