Aja Health and Wellness Inc. Update on Financial Filings Delay

Author: Addison Perry Updated: 09-12-2025 07:45 PM

Aja Health and Wellness Inc. Provides Update on Financial Filings

VANCOUVER, British Columbia – Aja Health and Wellness Inc. (TSXV:Aja) is making progress towards the completion of its annual audited financial statements for the financial year ending December 31, 2024. This includes necessary management discussions and analyses and certifications from the CEO and CFO. Additionally, the company is preparing its unaudited interim financial statements for the quarter that concluded on March 31, 2025, along with relevant management disclosures.

On a recent date, the Alberta Securities Commission issued a Failure-to-File Cease Trade Order due to the company's inability to submit the Annual and Interim Filings by the specified deadlines. The company previously announced that the delay in these financial filings was a consequence of classifying the recent reverse takeover transaction, completed last year, as a series of acquisitions for accounting purposes. This new classification demands a detailed valuation of the purchase price allocation for the audited financial statements.

Ongoing Valuation Process

The valuation work needed to comply with accounting standards is actively being pursued, with the valuator expected to finalize the purchase price allocation shortly. Aja anticipates that this valuation will be concluded by the end of this month. After completing the valuation, the auditors will collaborate closely with the company to finalize the required audited financial statements for 2024.

Commitment to Timely Filings

Aja Health and Wellness Inc. remains committed to resolving these issues promptly. The company aims to discover a solution that allows it to file both the Annual and Interim Filings by the end of the month. Their assertion of expeditious filing underlines the company’s dedication to transparency and compliance with regulatory requirements.

Future Outlook and Compliance Measures

While the company continues to address these challenges, it acknowledges that the Failure-to-File Cease Trade Order will persist until they successfully file the aforementioned statements. Aja recognizes the importance of regaining regulatory compliance and public trust and is actively working towards this goal.

In light of these developments, the board of directors, spearheaded by President and CEO Sanjeev Parsad, expresses its commitment to addressing these delays effectively. As the company navigates through this process, Aja Health and Wellness Inc. remains optimistic about restoring full operational capacity and continuing its trajectory of growth.

Contact Information

For any further inquiries, interested parties can contact Sanjeev Parsad, President and CEO directly at:

Phone: (604) 678.9115
Fax: (604) 678.9279
E-mail: sparsad@ajahw.com
Web: www.ajahw.com

Frequently Asked Questions

What caused the delay in Aja's financial filings?

The delay was due to the need for a detailed valuation related to a recent reverse takeover transaction.

When does Aja expect to file its financial statements?

Aja aims to complete and file both the Annual and Interim Filings by the end of September 2025.

What is a Failure-to-File Cease Trade Order?

This order is issued when a company fails to file required documents with the regulatory authorities, impacting their trading status.

Who is the CEO of Aja Health and Wellness Inc.?

Sanjeev Parsad serves as the President and CEO of Aja Health and Wellness Inc.

How can investors contact Aja for more information?

Investors can reach out to Sanjeev Parsad via phone, email, or through the company website for inquiries.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

Contact Addison Perry privately here. Or send an email with ATTN: Addison Perry as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.