Toronto, Ontario--(Newsfile Corp. - November 10, 2021) - Consolidated HCI Holdings Corporation (TSXV: CXA.H) (the "Company" or "CHCI"), announces that, in connection with its previously-announced business combination with Vaxxinator Enterprises Inc., it has applied to the NEX board of the TSX Venture Exchange ("TSXV") to voluntarily delist the class B shares of the Company (the "Shares"). It is anticipated that the Shares will be delisted from the TSXV at the close of business on November 12, 2021. A simple majority of shareholders and a majority of the minority shareholders of the Company approved the delisting of the Shares at the annual and special meeting of shareholders held on September 21, 2021.
For further information, please contact:
Bradley Morris - Chief Executive Officer
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Cautionary Note Regarding Forward-Looking Statements:
This news release includes certain forward-looking statements within the meaning of applicable securities laws. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans" or "continue" or the negative thereof or variations thereon or similar terminology. Forward-looking statements are based on certain key expectations and assumptions made by the management of the Company, including the statements regarding the delisting of the Shares from the TSXV. Although the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking statements contained in this news release.
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