News
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PRESS RELEASE
Neptune Announces Decision of Nasdaq Hearings Panel To Delist Common Shares
Neptune Wellness Solutions Inc. provides an update on the status of its appeal against Nasdaq's delisting determination for its Common Shares. The Company's shares to be suspended from Nasdaq, seeking quotation on OTCQB® Venture Market -
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PRESS RELEASE
Neptune Puts Employees, Including Certain Key Executives, on Mandatory Unpaid Leave of Absence Beginning February 23, 2024
Neptune Wellness Solutions Inc. announced mandatory unpaid leave for employees in a cost-cutting effort, challenging employment agreements. Succession plan in place for Interim CEO. Company evaluates options amidst financial concerns -
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PRESS RELEASE
Neptune Retains Stifel to Explore Strategic Alternatives for Sprout Organics
Neptune Wellness Solutions Inc. has appointed Stifel Nicolaus Canada Inc. as the exclusive financial advisor for its organic baby food and toddler brand, Sprout Foods Inc. This strategic move aims to evaluate alternative divestiture options for Sprout Organics, with a focus on unlocking and maximizing shareholder value. The appointment positions Neptune for enhanced market presence and increased competitiveness, demonstrating the company's commitment to transparent communication with stakeholders. For more details about Neptune Wellness Solutions Inc., please visit their website.
