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Pardeep Nijhawan Provides Update to Beneficial Ownership of Securities of Edesa Biotech, Inc. [Yahoo! Finance]

Edesa Biotech, Inc. - Common Shares (EDSA) 
Company Research Source: Yahoo! Finance
Nijhawan ”) announces that as a result of grants of restricted share units (“ RSUs ”) of Edesa Biotech, Inc. (“ Edesa ”), when combined with a series of transactions (the “ Transactions ”) that have occurred since the date of the most recent early warning report filed by Dr. Nijhawan on November 18, 2022 (the “ Previous Report ”), Dr. Nijhawan has acquired “beneficial ownership” of common shares in the capital of Edesa (“ Common Shares ”) in an amount equal to more than 2% of the issued and outstanding Common Shares since the date of the Previous Report. The requirement to file this press release and corresponding early warning report (the “ Report ”) was triggered on September 3, 2024 as a result of a grant of 3,055 RSUs to Dr. Nijhawan pursuant to a restricted share unit agreement between Dr. Nijhawan and Edesa whereby Dr. Nijhawan may earn RSUs in lieu of cash compensation for his services to Edesa in the capacity of Chief Executive Officer. Prior to the Transactions, the terms Show less Read more
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