Business
WILLOW BIOSCIENCES REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS
WILLOW BIOSCIENCES REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS Canada NewsWire ...
About this update from Atlas Energy Corp.
[{"type":"text","content":"\n\n\n\n WILLOW BIOSCIENCES REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n May 12, 2025\n \n\n /CNW/ - Willow Biosciences Inc. (\"\n \n Willow\n \n \" or the \"\n \n Company\n \n \") (TSX: WLLW) (OTCQB: CANSF), announces its unaudited consolidated interim financial statements and related management's discussion and analysis (\"\n \n MD&A\n \n \") for the quarter ended\n \n March 31, 2025\n \n , are available on the Company's SEDAR+ profile at\n \n www.sedarplus.ca\n \n .\n \n\n\n\n\n\n\n\n\n\n About Willow Biosciences\n \n\n\n Willow Biosciences Inc. is a corporation existing under the laws of the Province of\n \n Alberta\n \n . Until the sale of its operating subsidiary for cash proceeds on\n \n April 30, 2025\n \n , the Company  developed and produced precision fermented ingredients for the health and wellness, food and beverage, and personal care markets. Following completion of the disposition, the Company no longer has an active business. The Company's Common Shares are currently listed on the TSX under the trading symbol \"WLLW\".\n \n\n On\n \n May 7, 2025\n \n , the Company announced that it entered into a definitive reorganization and investment agreement (the \"\n \n Agreement\n \n \") with\n \n Mark Hodgson\n \n ,\n \n Don Kornelsen\n \n ,\n \n Ryan Giroux\n \n ,\n \n Blair Anderson\n \n and\n \n Richard Naden\n \n which provides for: (i) a non-brokered equity private placement for gross proceeds of\n \n C$30.0 million\n \n (the \"\n \n Private Placement\n \n \"); (ii) the appointment of a new executive team and the reconstitution of the board of directors of the Company; and (iii) a change of the Company's name to \"Atlas Energy Corp.\" (collectively, the \"\n \n Transaction\n \n \"). The shareholders of the Company will be asked to approve, at a special meeting called for such purpose on\n \n June 16, 2025\n \n , a consolidation of the common shares of the Company (the \"C\n \n ommon Shares\n \n \") on the basi...