Business
Silo Wellness Submits CSE Listing Statement for Review of Born Defense Proposed Change of Business
Eugene, Oregon and Toronto, Ontario--(Newsfile Corp. - September 28, 2025) - Silo Wellness Inc. (CSE: SILO) ("Silo" or the "Company"), to be renamed Born Defense Inc., is pleased to announce that it has submitted its listing statement (the "Listing Statement") with the Canadian Securities Exchange (the "CSE") on September 26, 2025, for review in connection with its previously announced proposed change of business to an investment issuer focused on the defense and national security sectors.The...
About this update from Silo Wellness Inc
[{"type":"text","content":"Eugene, Oregon and Toronto, Ontario--(Newsfile Corp. - September 28, 2025) - Silo Wellness Inc. (CSE: SILO) ("Silo" or the "Company"), to be renamed Born Defense Inc., is pleased to announce that it has submitted its listing statement (the "Listing Statement") with the Canadian Securities Exchange (the "CSE") on September 26, 2025, for review in connection with its previously announced proposed change of business to an investment issuer focused on the defense and national security sectors.","length":534,"tagName":"p"},{"type":"text","content":"The Listing Statement provides comprehensive disclosure regarding the Company's business, assets, financial statements, management team, and strategic direction, and is a key step toward satisfying the CSE's requirements for the resumption of trading of the Company's common shares.","length":294,"tagName":"p"},{"type":"text","content":"As previously disclosed, the Company intends to complete a name change to Born Defense Inc. and transition its primary business focus to defense innovation and national-security investments. Born's strategy is grounded in Just War principles and the protection of individual liberty, a framework discussed at length in the Compony's podcast interview with Dr. Eric Patterson, a leading scholar of the Just War tradition ("Just War Doctrine with Dr. Eric Patterson," https://youtu.be/pBkZG9mZDMk). In that conversation, Dr. Patterson emphasized the classical criteria (legitimate authority, right intention, last resort, probability of success, proportionality, and discrimination) and how those ethics constrain power, guide deterrence, and inform responsible industrial stewardship. The submission of the Listing Statement is an important milestone in advancing this vision.","length":893,"tagName":"p"},{"type":"text","content":"The Listing Statement also outlines recent measures undertaken by the Company to strengthen its financial position, including agreements to settle approximately CAD $4.4 million of debt through the issuance of common shares, significantly reducing liabilities and positioning the Company for its strategic transition. Upon CSE approval, this restructuring is expected to improve the balance sheet and align shareholder interests as the Company advances its change of business.","le...