YOOM | Jotup

YOOMA WELLNESS ANNOUNCES BANKRUPTCY FILING

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金曜日, 12月 8, 2023

Toronto, Ontario, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (“Yooma” or the "Company") (CSE: YOOM) (AQSE: YOOM), a global multi-branded wellness platform, including CBD products and other wellness brands, today announces that it has filed an assignment in bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada).

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Toronto, Ontario, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (“Yooma” or the "Company") (CSE: YOOM) (AQSE: YOOM), a global multi-branded wellness platform, including CBD products and other wellness brands, today announces that it has filed an assignment in bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada).
Richter Inc. was appointed as Trustee of the estate.

YOOMA WELLNESS INC. ANNOUNCES SALE OF VITALITY CBD

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金曜日, 9月 29, 2023

Cash, Disposal, CSE, Canadian Securities Exchange, Ontario Securities Commission, Bank statement, Disclosure, Sale, YOOM, Exchange, CBD, CFO, Life insurance, Security (finance), Vitality

Toronto, Ontario, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (CSE: YOOM, AQSE: YOOM) ("Yooma" or the "Company") today announced that its wholly-owned subsidiary Yooma Europe Limited (“Yooma Europe”) has completed the sale of Birmingham-based Vitality CBD Limited (“Vitality”), a UK-focused CBD company, for a total consideration of US$2.0 million (the “Disposal”) to Psilobrain Therapeutics Inc. (“Psilobrain”).

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Toronto, Ontario, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (CSE: YOOM, AQSE: YOOM) ("Yooma" or the "Company") today announced that its wholly-owned subsidiary Yooma Europe Limited (“Yooma Europe”) has completed the sale of Birmingham-based Vitality CBD Limited (“Vitality”), a UK-focused CBD company, for a total consideration of US$2.0 million (the “Disposal”) to Psilobrain Therapeutics Inc. (“Psilobrain”).
Psilobrain is a private Canadian biotech company that uses the latest in psychedelic medicine to design products that facilitate evidence-based healing & wellness.
The consideration payable by Psilobrain comprises US$1.0 million in cash (the “Cash Consideration”), and US$1.0 million in new shares of Psilobrain (the “Consideration Shares”).
The consideration payable by Psilobrain is subject to customary adjustments, Vitality having been sold on a debt-free, cash-free basis.

GameOn Drives Record $1M in Adjusted Revenue¹, Files Audited Financial Statements for Fiscal Year 2022

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土曜日, 7月 1, 2023

Crypto, Venrock, WNBA, Partnership, Bank statement, Karate Combat, IP, Organization, YOOM, Outdoor Games Society (Madrid, 1897), Acquisition, MD, Capital, Social media, Karateka (video game), Sport, Cryptocurrency

The integration of FanClash into GameOn's PLAYN3XT platform is providing the Company with access to the expanding fantasy sports market with major league IP.

Key Points:

The integration of FanClash into GameOn's PLAYN3XT platform is providing the Company with access to the expanding fantasy sports market with major league IP.
Karateka, in partnership with Karate Combat, has sold out three consecutive sales windows, minting almost 3,000 Karatekas and 2,000+ gear packs.
500+ Dojo accounts with wallets (or 'lockers') have been created, with a following of 8,000+ across social media, email, and Discord.
See SEDAR for full copies of the Company's consolidated financial statements and MD&A.

YOOMA WELLNESS INC. ISSUED CEASE TRADE ORDER FOR DELAY IN ANNUAL FILINGS

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月曜日, 5月 8, 2023

Ontario Securities Commission, SEC filing, Annual Filing Season Program, YOOM, CSE, Audit

Toronto, Ontario, May 08, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (CSE: YOOM, AQSE: YOOM) ("Yooma" or the "Company") today announced that it has been issued a cease trade order (“CTO”) by the Ontario Securities Commission (“OSC”) in connection with its failure to file its audited annual financial statements for the financial year ended December 31, 2022, together with the corresponding management discussion and analysis and CEO/CFO certifications, (collectively, the “Annual Filings”) by the deadline of May 1, 2023.

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Toronto, Ontario, May 08, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (CSE: YOOM, AQSE: YOOM) ("Yooma" or the "Company") today announced that it has been issued a cease trade order (“CTO”) by the Ontario Securities Commission (“OSC”) in connection with its failure to file its audited annual financial statements for the financial year ended December 31, 2022, together with the corresponding management discussion and analysis and CEO/CFO certifications, (collectively, the “Annual Filings”) by the deadline of May 1, 2023.
Additional details about the CTO are as set out in the Company’s press release dated April 21, 2023.
The Company is continuing to work diligently and expeditiously with its auditors to be in a position to file its annual filings as soon as possible, however, based on recent consultations with the Company’s auditors concerning work required in certain foreign jurisdictions, the Company has revised its anticipated timeline for completion of the audit and now expects it will file the Annual Filings on or before July 15, 2023.
There can be no assurance at this time that the Company will be able to remedy its filing default and have the CTO lifted in a timely manner or at all.

YOOMA WELLNESS INC. ANNOUNCES ANTICIPATED DELAY IN ANNUAL FILINGS AND CEASE TRADE ORDER

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金曜日, 4月 21, 2023

CSE, Ontario Securities Commission, Bank statement, Investment Industry Regulatory Organization of Canada, Universal Market Integrity Rules, Sale, Drug Master File, YOOM, CFO, Annual Filing Season Program, Legislation, Audit, Cryptocurrency

By virtue of being unable to file the Annual Filings by the filing deadline, the Company anticipates that it will be issued a failure-to-file cease trade order (“CTO”) by the Ontario Securities Commission.

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By virtue of being unable to file the Annual Filings by the filing deadline, the Company anticipates that it will be issued a failure-to-file cease trade order (“CTO”) by the Ontario Securities Commission.
The Company has now resolved these issues to the extent required to allow the audit to proceed and is working diligently and expeditiously with its auditors to complete the Annual Filings as soon as possible.
The Company anticipates that it will complete the Annual Filings on or before May 31, 2023, and revocation of the CTO is expected to occur within a few days after the Annual Filings are made.
The Company confirms that there are no insolvency proceedings against it as of the date of this press release.

YOOM AND ACTIVE THEORY ANNOUNCE SOUNDWAVES: A GLOBALLY ACCESSIBLE SXSW METAVERSE MUSIC CONCERT FROM MARCH 14-16

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月曜日, 3月 13, 2023

AUSTIN, Texas, March 13, 2023 /PRNewswire/ -- YOOM, in partnership with Active Theory, has announced that DJ Paul Oakenfold, Teriyaki Boys and Infected Mushroom will be among the artists headlining SoundWaves: A Metaverse Music Concert – an interactive, volumetric music event created exclusively for SXSW. The experience was built with Active Theory's Dreamwave platform and will feature three performances per day with different sets of artists starting tomorrow (March 14) through March 16.

Key Points:

Tech is truly at the heart of the future of music and we can't wait to engage with fans, old and new, at the SXSW Metaverse Music Concert."
"YOOM is deeply committed to making the metaverse accessible to everyone, bridging the gap that often comes with high-level and expensive technology," said Gilad Talmon, CEO of YOOM.
"SoundWaves is a virtual concert that showcases the latest tech from Active Theory, Dreamwave, and YOOM.
Participants include rapper and music producer Verbal; Andy Thelander, Co-Founder & Creative Director of Active Theory; and Diego Prilusky, Head of Production & Creative of YOOM.

LA Kings Legend Dustin Brown Lifts Stanley Cup on Sprawling 3D Billboard in Downtown Los Angeles

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月曜日, 2月 6, 2023

Video Here (Courtesy LA Kings):
https://youtu.be/IFcZWVEDKXw
https://drive.google.com/file/d/14E--nyL_tyJWr1DfSHFqsxd66L3uu78D/view?u...

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Dustin Brown is once again lifting the Stanley Cup in Downtown Los Angeles.
View the full release here: https://www.businesswire.com/news/home/20230206005624/en/
LA Kings legend Dustin Brown stars in Downtown L.A.'s first-ever 3D billboard.
(Courtesy LA Kings)
Beginning today, a sprawling 3D billboard featuring Brown on an LED video façade – which is the length of a football field – can be seen at the corner of S. Figueroa St. & W. Pico Blvd.
23 jersey being retired by the Kings on Saturday night as part of a special pregame ceremony at Crypto.com Arena.

YOOMA ANNOUNCES OPERATIONAL UPDATES

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木曜日, 2月 9, 2023

Vitality, Depression, YOOM, Sale, Vendor, CSE, Settlement, Transaction, CBD, Security (finance), Vertex

Toronto, Ontario, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (“Yooma” or the "Company") (CSE: YOOM) (AQSE: YOOM), a wellness platform that and markets a portfolio of CBD and wellness brands, today provides a corporate update.

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Toronto, Ontario, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Yooma Wellness Inc. (“Yooma” or the "Company") (CSE: YOOM) (AQSE: YOOM), a wellness platform that and markets a portfolio of CBD and wellness brands, today provides a corporate update.
The Company is engaged in an ongoing operational restructuring aimed at addressing depressed market conditions in the CBD wellness industry, the Company’s increasing liquidity constraints and lack of working capital.
The initial phases of this restructuring involved the wind-down of the Company’s operations in the United States last year, and has gradually expanded to include the Company’s operations in other unprofitable markets.
As a result, Greenleaf has requested the opening of a legal redress procedure under Article L.631-1 of the National Commercial Code of France.

GameOn Fast Tracks Profitability in December

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水曜日, 1月 11, 2023

Bailey, Non-fungible token, ESPN, CBS, Johnny Reb Gaming Society, Growth, CSE, WNBA, BeIN Channels Network, YOOM, Globo, Karate Combat, Eurosport

The milestone is fueled by a flurry of new deals and based on Adjusted Net Income.

Key Points:

The milestone is fueled by a flurry of new deals and based on Adjusted Net Income.
We've closed revenue-generating deals at a faster rate than projected, realizing profitability in December ahead of our 2023 target."
Closing 11 new deals in 2022, including Karate Combat , YOOM (formerly Tetavi), and Gaming Society (in collaboration with the WNBA).
The digital fighters are set to launch in Q1 with GameOn keeping 80% of revenue.

TETAVI PREPARES FOR ITS NEXT GROWTH STAGE WITH NEW INFLUENTIAL INVESTORS AND BRAND IDENTITY: "YOOM"

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火曜日, 10月 25, 2022

LOS ANGELES, Oct. 25, 2022 /PRNewswire/ -- Today, YOOM, the volumetric capture and immersive content company formerly known as Tetavi, has announced a series of actions positioning it as the leader in the creation of content experiences for the Metaverse and Web3. YOOM has received the support of leaders of content and culture, including Jimmy Iovine [Entrepreneur, Co-Founder of Interscope Records and Beats Electronics, among numerous other companies]; Finneas O'Connell [Grammy Award-winning producer, singer and songwriter]; Maverick Carter [CEO of The SpringHill Company]; Justin Lubliner, [CEO of the Darkroom]; and Paul Wachter [Founder, Chairman and CEO of Main Street Advisors].

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Additionally, these strategic partners have joined the company's largest existing investors and shareholders, including Insight Partners, Marc Rowan and Aaron Stone, in personal investments totalling $15 million to further YOOM's growth.
Since its founding, YOOM has used its cutting-edge volumetric technology to pave the way for the future of immersive and interactive content.
YOOM's new funding will enable it to expand its roster of influential talent and top-tier brand partnerships as well as invest more into its production, R&D capabilities and mobile app development.
YOOM currently operates studios worldwide and is commercially active in the U.S., Europe, Middle East and APAC.