On May 1st, 2023, IMV announced that the Nova Scotia Supreme Court had issued an Initial Order granting the company protection under the Companies' Creditors Arrangement Act (CCAA). The Initial Order provides a stay of creditor claims and the exercise of contractual rights with a view to provide the Company some breathing room to continue its ongoing strategic review process under the oversight of the Board of Directors and with the advice of the Company’s professional advisors. To learn more about the ongoing CCAA proceedings, claims process, and sales and investment solicitation process, please visit our Monitor's website.
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