Business
Red Light Holland Announces Filament Health Obtains Interim Order for Proposed Arrangement
Toronto, Ontario--(Newsfile Corp. - March 23, 2026) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light" or the "Company") and Filament Health Corp. (OTC: FLHLF) ("Filament") today announced that, further to the joint press release dated March 10, 2026, the Supreme Court of British Columbia issued an interim order (the "Interim Order") in connection with the previously announced acquisition by Red Light of all the issued and outstanding common shares of Filament (the...
About this update from Red Light Holland Corp
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - March 23, 2026) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light" or the "Company") and Filament Health Corp. (OTC: FLHLF) ("Filament") today announced that, further to the joint press release dated March 10, 2026, the Supreme Court of British Columbia issued an interim order (the "Interim Order") in connection with the previously announced acquisition by Red Light of all the issued and outstanding common shares of Filament (the "Filament Shares"), pursuant to a statutory plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia). Among other things, the Interim Order authorizes Filament to call, hold and conduct an annual general and special meeting (the "Meeting") of the holders of Filament Shares (the "Filament Shareholders") on April 24, 2026 at 8:00 a.m. (Vancouver time) to, among other things, consider and, if thought advisable, pass a special resolution approving, among other things, the Arrangement. The Meeting will be held at the offices of Fasken Martineau DuMoulin LLP at 550 Burrard Street, Suite 2900, Vancouver, British Columbia V6C 0A3.","length":1244,"tagName":"p"},{"type":"text","content":"The receipt of the Interim Order marks an important step forward as both companies continue to advance toward closing. The transaction process is progressing smoothly and in accordance with anticipated timelines.","length":212,"tagName":"p"},{"type":"text","content":""We are very pleased to have reached this stage in the process," said Todd Shapiro, CEO and Director of Red Light. "Both teams remain highly engaged and aligned as we work toward completing this strategic combination."","length":238,"tagName":"p"},{"type":"text","content":"Filament Shareholders of record as of the close of business on March 2, 2026 will be entitled to vote at the Meeting. In connection with the Meeting, Filament will be mailing a notice of meeting and management information circular (collectively, the "Circular"), letter of transmittal and related meeting materials (collectively, with the Circular, the "Meeting Materials"), as applicable, to Filament Shareholders. Details on the Meeting and how Filament Shareholders can participate in...