Ketamine One Provides Updated Information for Stock Exchange Listings
21 Octubre 2021 - 5:05PM
KetamineOne Capital Limited (“Ketamine One” or the
“Company”) (NEO: MEDI) (OTC: KONEF) (Frankfurt: 6FC), a
company focused on consolidating medical clinics and becoming a
North American leader in mental health treatments, announces that,
as the result of its previously announced spin-out transaction of
Milgauss Investments Ltd. (“
Milgauss”), certain
information related to the listing of its common shares on the OTC
Markets and the Frankfurt Stock Exchange has been changed.
As of October 15, 2021, Ketamine One’s common
shares have a new CUSIP number of 492556105 and a new ISIN number
of CA4925561058. Ketamine One’s listing on the OTC Markets remains
under the “KONEF” stock ticker symbol, while its profile has now
been labeled as “KetamineOne Capital Ltd New”. On the Frankfurt
Stock Exchange, the Company’s listing has had its stock ticker
symbol changed from “MYO” to “6FC” and its WKN number changed from
“A3CRYC” to “A3C5JN”.
The Company is also working with OTC Markets and
other applicable regulatory agencies to become “15c2-11 Certified”
under Rule 15c2-11 of the Securities and Exchange Commission of the
United States. Becoming 15c2-11 Certified could rectify the status
of Ketamine One’s common shares not being eligible for proprietary
broker-dealer quotations and being labeled as “Unsolicited-Only”,
which can make it difficult for investors to trade in the common
shares of the Company through their brokerage firms.
Unsolicited-Only stocks are described by OTC Markets as having a
higher risk of wider spreads, increased volatility, and price
dislocations.
To recap the Milgauss transaction, the common
shares of Ketamine One outstanding immediately prior to the
completion of the arrangement were redesignated as Class A common
shares, which were subsequently exchanged for: (i) one new common
share of Ketamine One (the “New Ketamine One Share”); and (ii)
one-110th of a Milgauss share (each whole share being a Milgauss
share) for each Ketamine One share held before the effective date
of the transaction. Ketamine One’s shares were delisted from the
NEO Exchange effective as of the close of business on Thursday,
Oct. 14, 2021. Then, the New Ketamine One Shares were listed for
trading on the NEO Exchange effective as of market opening on
Friday, Oct. 15, 2021 under the same “MEDI” trading symbol as the
Ketamine One shares. As a result, Milgauss is now a privately held
reporting issuer following the closing of the transaction.
ABOUT KETAMINE ONE
KetamineOne Capital Limited is a company focused
on consolidating medical clinics and becoming a North American
leader in mental health treatments. It is working to provide the
critical infrastructure needed to develop and deliver breakthrough
mental health treatments. Currently, Ketamine One has a network of
clinics across North America, with plans to further consolidate the
highly fragmented industry. The recent addition of KGK Science Inc.
as the Company’s contract research division also places the company
at the forefront of premium clinical research based on its
extensive experience in pharmaceuticals, cannabis, and the emerging
psychedelic medicine industries. As a collective enterprise,
Ketamine One is dedicated to helping solve the growing need for
safe and accessible mental health therapy.
On behalf of:
KETAMINE ONE
"Adam Deffett"Adam Deffett, Interim CEO
For further information, please contact:
Nick Kuzyk, Investor RelationsTel:
1-844-PHONE-K1 (1-844-746-6351)Email: IR@ketamine.one Web:
www.ketamine.one Twitter: @KetamineOne
Notice Regarding Forward-Looking
Information:
This news release contains forward-looking
statements including but not limited to statements regarding the
Company’s business, assets or investments, as well as other
statements that are not historical facts. Readers are cautioned not
to place undue reliance on forward-looking statements, as there can
be no assurance that the plans, intentions or expectations upon
which they are based will occur. By their nature, forward-looking
statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific, that contribute to
the possibility that the predictions, forecasts, projections and
other forward-looking statements will not occur, which may cause
actual performance and results in future periods to differ
materially from any estimates or projections of future performance
or results expressed or implied by such forward-looking statements.
These assumptions, risks and uncertainties include, among other
things, the state of the economy in general and capital markets in
particular, investor interest in the business and future prospects
of the Company.
The forward-looking statements contained in this
news release are made as of the date of this news release. Except
as required by law, the Company disclaims any intention and assumes
no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by applicable securities law. Additionally, the
Company undertakes no obligation to comment on the expectations of,
or statements made, by third parties in respect of the matters
discussed above.
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