The Newly Institute Inc.

Recent News

  • The Newly Institute Provides Update on Proposed Arrangement and Certain Secured Indebtedness

    Calgary, Alberta--(Newsfile Corp. - August 1, 2023) - The Newly Institute Inc. ("Newly" or the "Company") wishes to announce that, further to the Company's press release dated July 13, 2023, Newly has terminated the arrangement agreement among Newly, HEAL Global Holdings Corp. ("HEAL" and, together with "Newly", the "Parties"), and Pathway Health Corp. Additionally, the Company wishes to announce that the Parties have entered into a non-binding term sheet dated July 28, 2023 (the "Term Sheet") providing the principal terms...

    2023-08-01 10:00 PM EDT
  • The Newly Institute Inc. Provides Update on Proposed Arrangement and Short-Term Forbearance on Repayment of Certain Secured Indebtedness

    Calgary, Alberta--(Newsfile Corp. - July 13, 2023) - The Newly Institute Inc. ("Newly" or the "Company") wishes to announce that the Alberta Court of King's Bench (the "Court") has denied an originating application seeking a final order to approve the previously announced arrangement (the "Final Order") (see press releases dated April 1, 2023, April 27, 2023, April 28, 2023, May 17, 2023, and May 31, 2023) by way of plan of arrangement pursuant to the Business Corporations Act (Alberta) among...

    2023-07-13 4:00 PM EDT
  • The Newly Institute Inc. Announces Results of Its Special Meeting of Securityholders

    Calgary, Alberta--(Newsfile Corp. - May 31, 2023) - The Newly Institute Inc. ("Newly" or the "Company") announced that the Company's securityholders approved the previously announced continuance of the Company into Alberta (the "Continuance") and plan of arrangement (the "Arrangement") with Pathway Health Corp. ("Pathway") and HEAL Global Holdings Corp. ("HEAL"), at a special meeting of securityholders held on May 30, 2023 (the "Meeting"). Under the terms of the Arrangement, shareholders of the Company will receive 4.846154 shares of Pathway for...

    2023-05-31 4:00 PM EDT
  • The Newly Institute Announces Growth Updates on Canada-Wide Clinic Expansion, Key Programs and Patient Access

    Highlights:Strength of the Newly's protocols is helping establish the Company as a key partner for Worker's Compensation Boards across CanadaNew clinics in British Columbia and Nova Scotia anticipated to open in 2023Expected launch of the first Center of Excellence in Toronto, Ontario in 2024Expanding service offerings through the introduction of Corporate Mental Health ServicesThe Newly's programs are now offered through most major short and long-term disability benefit providersStrategic combination with Pathway Health and HEAL Global sets a strong foundation for...

    2023-05-17 9:00 AM EDT
  • The Newly Institute, Pathway Health, and HEAL Global Holdings Announce Business, Strategy and Financing Updates in Anticipation of Completion of Proposed Transaction

    HighlightsThe Newly Institute, Pathway Health, and HEAL Global Holdings combination to create a leading integrated mental health, chronic pain management, and wellness foundation for growthSynergistically designed to address growing $700 billion[1] global market opportunity for mental health, chronic pain and wellness Strategic growth plan in place to expand service offerings, cross-sell, and expand clinical footprint across the countryPathway secured additional $1 million secured debt funding from Avonlea-Drewry Holdings Inc. ("ADH"), Pathway's largest indirect shareholder and secured creditor, to support completion...

    2023-04-28 9:30 AM EDT
  • The Newly Institute Inc. Announces Special Meeting of Securityholders and Receipt of Interim Court Order for Plan of Arrangement

    Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - The Newly Institute Inc. ("Newly" or the "Company") today announced the joint information circular and proxy statement (the "Circular") and related materials will be mailed on May 2, 2023 for the special meeting (the "Special Meeting") of the Company's shareholders, optionholders and warrantholders (the "Securityholders") to vote on the previously announced plan of arrangement (the "Transaction") pursuant to which it is proposed that Pathway Health Corp. ("Pathway") will acquire all of the...

    2023-04-27 5:30 PM EDT
  • The Newly Institute, Heal Global Holdings, and Pathway Health Enter into Definitive Agreement in Connection with Recapitalization and Debt Restructuring

    Toronto, Ontario--(Newsfile Corp. - April 1, 2023) - The Newly Institute Inc. (“The Newly”), HEAL Global Holdings Corp. (“HEAL”), and Pathway Health Corp. (TSXV: PHC) (FSE: KL1) (“Pathway” or the “Corporation”), an integrated healthcare company that provides products and services to patients suffering from chronic pain and related conditions, today announced, further to its news releases dated December 22, 2022 and March 1, 2023, that the Corporation has entered into a definitive arrangement agreement (the "Arrangement Agreement") dated March 31,...

    2023-04-01 12:51 AM EDT
  • The Newly Institute Opens Mental Health Treatment Clinic in Fredericton as Part of Expansion Across Canada

    Calgary, Alberta--(Newsfile Corp. - March 9, 2022) - The Newly Institute Inc. ("The Newly" or the "Company"), Canada's leading inter-disciplinary mental health clinical organization that offers intensive outpatient treatment programs, announced the opening of its second clinic in Fredericton, New Brunswick. The Company's first clinic opened in Calgary in October 2021 and has immediately made an impact in treating individuals in need of treatment for PTSD, depression, anxiety, chronic pain, and addiction. The address for the Fredericton clinic is...

    2022-03-09 9:00 AM EST
  • The Newly Institute Announces Appointment of Danny Williams, Former Premier of Newfoundland and Labrador, to Board of Directors

    Calgary, Alberta--(Newsfile Corp. - January 24, 2022) - The Newly Institute Inc. ("The Newly" or the "Company"), Canada's leading inter-disciplinary mental health clinical organization that offers intensive outpatient treatment programs, today announced the appointment of Daniel E. (Danny) Williams, QC to the Company's Board of Directors."We are delighted to welcome Danny to The Newly's board," said Arthur H. Kwan, the Company's President & CEO. "Danny is well recognized for his contributions to the Canadian political and business sectors, and he...

    2022-01-24 8:30 AM EST
  • Mydecine Signs LOI with The Newly Institute to Provide Psychedelic-Assisted Psychotherapy to Patients under Health Canada's Special Access Program

    Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - Mydecine Innovations Group (NEO: MYCO) (OTC PINK: MYCOF) (FSE: 0NFA) ("Mydecine"), a biotechnology and digital technology company aiming to transform the treatment of mental health and addiction disorders, today announced it has signed a Letter of Intent (LOI) with The Newly Institute Inc. ("The Newly"), a Calgary, Alberta based company opening private inter-disciplinary mental health clinics across Canada, to collaborate on expanding psychedelic-assisted psychotherapy to patients.The Newly offers rapid access outpatient programs...

    2022-01-18 7:30 AM EST

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