|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0500 - 0.0700|
|52 Week Range||0.0250 - 0.2440|
|Beta (5Y Monthly)||0.16|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) announces that on April 26, 2021, the British Columbia Securities Commission and the Ontario Securities Commission have granted a partial revocation to the cease trade order applicable to common shares of the Company issued on June 22, 2020 for failure to file certain financial documents (the "Cease Trade Order") to permit the issuance of common shares in connection with a debt-to-equity conversion (the "Debt Conversion") contemplated under the Amended Consolidated Plan of Arrangement and Compromise of Sunniva and its Canadian subsidiaries (the "Plan") under the Companies Creditors Arrangement Act ("CCAA"). The Company intends to complete the Debt Conversion and the Plan and schedule a meeting of shareholders in due course. All of the securities of Sunniva, including securities issued pursuant to the Debt Conversion, will remain subject to the Cease Trade Order until such Cease Trade Order is fully revoked, and the issuance of the partial revocation does not guarantee the issuance of a full revocation of the Cease Trade Order in the future.
Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC: SNNVF) announces that on April 2, 2021, the Company's wholly-owned subsidiary CP Logistics, LLC ("CPL") commenced an arbitration with JAMS Arbitration in California against Bobs LLC ("Bobs"), the current owner and Landlord of the property in Cathedral City, California in which CPL is the tenant under an October 2017 Build to Suit Lease (the "Lease"). That arbitration seeks, among other things, specific performance of the Lease governing CPL's rights as a tenant, including an Order declaring that the Lease was never terminated, that Bobs is obligated to complete construction of the glasshouse and that CPL is entitled to occupy the premises upon completion pursuant to the terms of the Lease. The arbitration also seeks a declaration that CPL is entitled to day-to-day rent abatement upon occupancy for each day of delay in the completion of the building attributable to the actions of the owner/landlord, as well as monetary damages, including lost profits.
("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) is pleased to announce that the Supreme Court of British Columbia (the "Court") sanctioned the Amended Consolidated Plan of Arrangement and Compromise of Sunniva and its Canadian subsidiaries (the "Plan") under the Companies Creditors Arrangement Act ("CCAA") on February 12, 2021. The Court has also relieved Sunniva and its Canadian subsidiaries of certain restrictions imposed by orders granted on November 27, 2020 and December 11, 2020, permitting Sunniva to take immediate action to protect its US assets and interests.