Previous Close | 0.0300 |
Open | 0.0299 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 0.0299 - 0.0400 |
52 Week Range | 0.0010 - 0.0880 |
Volume | 58,493 |
Avg. Volume | 682,613 |
Market Cap | 783,348 |
Beta (5Y Monthly) | 0.66 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.2650 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Wayland Group Corp. (CSE:WAYL) (“Wayland” or the “Company”) today announced the closing of its previously announced transaction with Ring International Holding AG (“Ring”) pursuant to which Wayland sold all of the issued and outstanding shares of Wayland’s subsidiary, Maricann Inc. and certain other assets to an affiliate of Ring for a purchase price of up to CAD $12,400,000 (the “Transaction”).
Wayland Group Corp. (CSE:WAYL) (“Wayland” or the “Company”) today announced that it has entered into a definitive transaction agreement with respect to its previously announced transaction with Ring International Holding AG (“Ring”) pursuant to which it will sell all of the issued and outstanding shares of Wayland’s subsidiary, Maricann Inc. (“Maricann”), and certain other property of Wayland and its affiliates to an affiliate of Ring for a purchase price of up to CAD $12,400,000 (the “Transaction”). As previously announced, Wayland will seek an approval and vesting order in respect of the Transaction at the hearing currently scheduled for April 21, 2020 before the Ontario Superior Court of Justice (Commercial List) (the “Court”) in the Companies’ Creditors Arrangement Act proceedings (the “CCAA Proceedings”) of Wayland, Maricann and Nanoleaf Technologies Inc. (the “Wayland Group”).
Wayland Group Corp. (CSE:WAYL) (“Wayland” or the “Company”) today announced that Wayland, Maricann Inc. (“Maricann”) and Nanoleaf Technologies Inc. (collectively, the “Wayland Group”) have scheduled a motion (the “Motion”) to be heard on April 17, 2020 before the Ontario Superior Court of Justice (Commercial List) in the Companies’ Creditors Arrangement Act proceedings of the Wayland Group (the “CCAA Proceedings”). -- up to CAD $2,700,000 may be paid based on future earnings of Maricann based on key performance indicators.