Novo Integrated Sciences (NVOS) Announces $5M Share Buyback
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Novo Integrated Sciences’ Board of Directors Approves $5 Million Stock Repurchase Program
October 24, 2023 4:30 PM EDTBELLEVUE, Wash.--(BUSINESS WIRE)-- Novo Integrated Sciences, Inc. (NASDAQ: NVOS) (the Company or Novo), today announced the Companys Board of Directors has approved the repurchase of up to $5 million of the Company's outstanding common stock ("shares") from time to time in the open market at prevailing market prices or in privately negotiated transactions. Pending receipt of funds from the unsecured 15-year $70,000,000 promissory note with RC Consulting LLC in favor of SCP Tourbillion Monaco for a lump sum debt funding of $57,000,000, less fees and expenses, the amount and timing of any shares repurchased... More
