Aja Health and Wellness Inc. Provides Update on Delay in Filing Annual Financial Statements
Not for dissemination in the United States of America
VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) — Aja Health and Wellness Inc. ('Aja' or the 'Company') (TSXV:AJA) announces that it is getting closer to filing its annual audited financial statements for the financial year ending December 31, 2024, including the related management's discussion and analysis and certifications from the CEO and CFO (the 'Required Annual Filings'). This is an update from the Company's April 29, 2025, news releases announcing the application to the Alberta Securities Commission (the 'ASC') for a management cease trade order (the 'MCTO') under National Policy 12-203 -
Management Cease Trade Orders
because the Company was unable to file the Required Annual Filings in time to meet the April 30, 2025, filing deadline.
Aja announced that the delay in filing the Required Annual Filings was due to the auditors of the Company seeking guidance from the auditor's technical committee with respect to the characterization of the previously announced reverse takeover transaction, which closed on September 17, 2024 (the 'RTO'). After consulting with the auditor's technical committee, the auditors have determined that the RTO will be characterized as a series of acquisitions for accounting purposes. The auditors are working on finalizing the audited financial statements for the financial year ending December 31, 2024, and the Company expects to file the Required Annual Filings on or before June 13, 2025.
While the MCTO restricts all trading in securities of the Company by executive officers of the Company until the MCTO is no longer in effect, regular trading by current and future investors outside the Company continues as normal. The MCTO will be in effect until two full business days after the Required Annual Filings are filed.
Until the Required Annual Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines set out in National Policy 12-203 -
Management Cease Trade Orders
.
On behalf of the Board of Directors
'Sanjeev Parsad'
Sanjeev Parsad
President, CEO and Director
The above may contain 'forward-looking information' within the meaning of applicable securities laws. When used in this address, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Company believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, readers are cautioned to not place undue reliance on forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date of publication of this information and the Company undertakes no obligation to update such forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Furthermore, the Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, contact:
Sanjeev Parsad, President and CEO
Phone: (604) 678.9115
Fax: (604) 678.9279
E-mail:
sparsad@ajahw.com
Web:
www.ajahw.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
3 hours ago
- Business Upturn
Total Control 24: Inside Look at the TC24 Brazilian Jelly Formula for Men
Tallmadge, June 07, 2025 (GLOBE NEWSWIRE) — Total Control 24, a performance-focused supplement brand from Adem Naturals, has updated its official website to highlight its natural daily supplement designed to support sustained energy, focus, and productivity in adults. Now available across the United States, the once-daily capsule is intended for individuals seeking an easy-to-use, natural solution to help power through long workdays or physically demanding routines. According to the official website ( Total Control 24 is formulated to work in harmony with the body's internal systems to promote mental clarity, energy maintenance, and a more productive daily rhythm. The supplement is designed to support active lifestyles without requiring restrictive diets, stimulants, or complicated regimens. 'We created Total Control 24 to give people a clean, natural edge for staying energized and sharp throughout the day,' said a spokesperson for Adem Naturals. 'This product reflects our commitment to simplicity, transparency, and functional wellness.' The company affirms that Total Control 24 is manufactured in facilities that follow strict quality and safety protocols. The formulation is composed of carefully selected ingredients chosen to align with common adult wellness goals such as daytime focus, endurance, and healthy performance. As stated on the product website, Total Control 24 includes a satisfaction guarantee for new customers. Those interested in learning more about the product's intended uses or accessing exclusive promotions can find full details, customer support, and purchasing options online. About Total Control 24 Total Control 24 by Adem Naturals is a U.S.-based wellness brand focused on delivering natural, easy-to-use supplements that support everyday energy, focus, and stamina. The company emphasizes clean formulas, customer satisfaction, and practical wellness tools to help adults feel their best. Product and Contact Information Brand: Total Control 24 Website: Email: [email protected] Phone: 1 (814) 885-4823 (Monday through Friday) Mailing Address: Adem Naturals285 Northeast Ave Tallmadge, OH 44278
Business Upturn
3 hours ago
- Business Upturn
Nerve Freedom Supplement Launches Nationwide to Support Natural Nerve Health and Physical Comfort
Lakeland, June 07, 2025 (GLOBE NEWSWIRE) — Nerve Freedom , a newly introduced plant-based wellness supplement formulated to support nerve health and physical comfort, is now available nationwide. Designed for easy daily use, Nerve Freedom offers a natural solution for individuals looking to maintain everyday mobility and nerve-related wellness through holistic nutritional support. According to the official website, Nerve Freedom is crafted with a blend of carefully selected botanical and nutritional ingredients intended to promote a sense of comfort in hands, feet, and limbs. The product is manufactured in the United States in facilities that adhere to rigorous quality and safety protocols. The creators of Nerve Freedom emphasize their mission to provide an accessible, non-synthetic alternative for individuals navigating common lifestyle-related sensitivity or age-associated wellness challenges. The supplement integrates easily into any daily routine, requiring no complicated regimens or medical oversight. While specific details about the proprietary formula remain confidential, Nerve Freedom's natural composition aligns with the growing consumer preference for plant-based wellness options. The supplement does not contain artificial additives, and it is designed to support those interested in proactive approaches to long-term nerve wellness. Early interest in the product has grown rapidly, as individuals increasingly seek out natural alternatives that align with holistic health goals. As noted on the official website, several users report positive experiences with routine use, sharing feedback about enhanced daily comfort and ease of movement. Individual results may vary. Nerve Freedom is currently available for direct purchase online, with a satisfaction guarantee offered to first-time customers. The brand's commitment to transparency, customer care, and clean ingredient sourcing has positioned it as a promising new option in the natural wellness market. For more details about Nerve Freedom, including how to access the official video presentation and secure ordering options, visit the official website: About Nerve Freedom Nerve Freedom is a wellness supplement designed to support nerve health and overall comfort through a natural, plant-based formula. Manufactured in the U.S. under strict quality standards, the supplement offers a convenient daily approach for individuals pursuing proactive, holistic well-being. Media Contact:Nerve FreedomP.O. Box 90129Lakeland, FL 33804 Email: [email protected] Order Support: (877) 855-9829
Business Upturn
3 hours ago
- Business Upturn
HepatoBurn Announces Official Website Update Featuring Natural Daily Supplement for Metabolic Health and Liver Function
Taylor, June 07, 2025 (GLOBE NEWSWIRE) — HepatoBurn, a U.S.-based wellness brand, has updated its official website to share new information about its natural daily supplement formulated to support metabolic health and liver function in adults. Now available nationwide, the plant-based formula is positioned as a convenient, routine-friendly option for individuals seeking natural metabolic balance and detox support. According to the official product website ( HepatoBurn is designed to work synergistically with the body's internal systems to help maintain a healthy metabolism and support the liver's natural detoxification processes. The company emphasizes ease of use, noting that the supplement fits into everyday routines without the need for restrictive diets or complex wellness regimens. 'We created HepatoBurn to help individuals feel more energized, supported, and balanced,' said a company spokesperson. 'Our goal is to simplify wellness through science-backed, natural ingredients that integrate into daily life.' The company confirms that HepatoBurn is manufactured in U.S.-based facilities following rigorous safety and quality control standards. While the formula's specific ingredients are detailed on the official website, the product is crafted for adults seeking support with healthy energy levels, metabolic efficiency, and overall wellness. As stated on the site, first-time customers are backed by a satisfaction guarantee. Those interested in learning more about HepatoBurn, its intended benefits, and how to purchase directly can access full product details, FAQs, and secure ordering options through the official website. About HepatoBurn HepatoBurn is a Michigan-based wellness brand committed to delivering natural health supplements that are easy to use, transparent in formulation, and built for daily lifestyle integration. The company's mission is to help adults pursue optimal wellness through trustworthy, quality-driven solutions. Product and Contact Information Brand: HepatoBurn Website: Email: [email protected] Phone: +1 855-391-2736 Mailing Address: 22701 Trolley Industrial Dr Suite C, Taylor, MI 48180, USA Disclaimer This release is for informational purposes only and does not constitute medical advice, diagnosis, or treatment. The statements made about this product have not been evaluated by the Food and Drug Administration. Individual results may vary. Consumers should consult a qualified healthcare provider before beginning any new dietary supplement. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
