Optimi Health investor Cathay acquires 102,500 shares

Executive Summary

• Cathay Visions Enterprises Ltd. acquired 102,500 common shares of Optimi Health Corp. in the public market, triggering an Early Warning Report under National Instrument 62-103.
• Following the acquisition, Cathay Visions Enterprises Ltd.'s total ownership increased to approximately 13.13% of the issued and outstanding common shares on an undiluted basis.
• The acquiror retains the right to acquire additional securities or dispose of existing holdings in the future based on market conditions and investment opportunities.

Key Details

• Acquirer: Cathay Visions Enterprises Ltd.
• Target Issuer: Optimi Health Corp.
• Transaction Type: Acquisition of common shares in the public market.
• Shares Acquired: 102,500 common shares.
• Purchase Price: 32 cents per share.
• Pre-Transaction Ownership: 12,583,938 common shares (approximately 13.02% of issued and outstanding shares on an undiluted basis).
• Post-Transaction Ownership:
  • Common Shares: 12,686,438 shares.
  • Warrants: 533,333 warrants.
  • Stock Options: 350,000 stock options.
  • Total Undiluted Percentage: Approximately 13.13% of issued and outstanding common shares.
  • Total Partially Diluted Percentage: Approximately 13.91% of total issued and outstanding common shares.
• Regulatory Filing: Early Warning Report filed with securities regulatory authorities in Canada pursuant to National Instrument 62-103.
• Future Intent: The acquiror may acquire additional securities or dispose of securities on the open market, privately, or otherwise, depending on market conditions, reformulation of plans, other available investment business opportunities, and/or other relevant factors.