Novo Integrated Sciences considers $5M share buyback

Novo Integrated Sciences provided an update with respect to the company’s board of directors conducting a strategic review of the company to include implementing a future share repurchase program. The board is considering and evaluating a share buyback of up to $5M upon closing and full funding of either the $70M RC Note with a total draw of $57M or the SWAG agreement for the purchase of a precious gem collection. Both transactions have been previously disclosed.