Lucy Scientific Discovery, Inc. (LSDI) has issued an update.
Lucy Scientific Discovery, Inc. ended its amalgamation agreement with Bluesky Biologicals Inc. after Bluesky failed to provide audited financial statements by the stipulated deadline. The termination was actioned under the terms of the agreement, which allowed either party to withdraw if certain conditions were not met by the end of 2023. This development marks a significant change in the previously planned corporate restructuring involving Lucy Scientific and its associates.
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