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Neptune Puts Employees, Including Certain Key Executives, on Mandatory Unpaid Leave of Absence Beginning February 23, 2024

Neptune Puts Employees, Including Certain Key Executives, on Mandatory Unpaid Leave of Absence Beginning February 23, 2024

從2024年2月23日起,海王星要求包括某些主要高管在內的員工強制性無薪休假
Accesswire ·  02/26 22:00

LAVAL, QC / ACCESSWIRE / February 26, 2024 / Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ:NEPT), today announced that it has placed certain employees on a mandatory unpaid leave of absence effective February 23, 2024 in connection with a rapid cost cutting and restructuring effort, as a result of the Company's previously disclosed ongoing financial concerns.

QC LAVAL /ACCESSWIRE/2024年2月26日/海王星健康解決方案公司(“海王星” 或 “公司”)(納斯達克股票代碼:NEPT)今天宣佈,由於公司先前披露的持續財務問題,該公司已將某些員工強制性無薪休假,自2024年2月23日起生效。

Among the employees placed on mandatory leave are Michael Cammarata, President and Chief Executive Officer, and John Wirt, Executive Vice President and Chief Legal Officer, both of whom are under employment contracts (the terms of which have been previously disclosed). Mr. Cammarata also concurrently resigned from the Company's board of directors (the "Board") and all other board positions at the Company's subsidiaries and affiliates effective immediately. Mr. Cammarata is challenging his unpaid leave under the terms of his employment agreement, and there is a risk of dispute under existing employment agreements as a result of the announced temporary leaves.

被強制休假的員工包括總裁兼首席執行官邁克爾·卡馬拉塔和執行副總裁兼首席法務官約翰·維爾特,他們都簽訂了僱傭合同(條款先前已披露)。卡馬拉塔先生還同時辭去了公司董事會(“董事會”)以及公司子公司和關聯公司所有其他董事會職務,立即生效。Cammarata先生正在質疑其僱傭協議條款下的無薪休假,由於宣佈的臨時休假,現有僱用協議存在爭議的風險。

The Company is currently working through a succession plan to determine who will assume the role of Interim Chief Executive Officer in Mr. Cammarata's absence. In the interim, the Company has appointed a special restructuring committee comprised of certain members of the Board to evaluate candidates for the role of Interim Chief Executive Officer and to lead the Company through this transitionary period.

該公司目前正在制定繼任計劃,以確定在Cammarata先生缺席的情況下誰將擔任臨時首席執行官一職。在此期間,公司任命了一個由董事會某些成員組成的特別重組委員會,負責評估臨時首席執行官候選人,並領導公司度過這段過渡期。

The last day of work for employees placed on mandatory leave was February 23, 2024. The initial period of mandatory leave is for thirty (30) days, though any decisions to recall staff to active service, extend the period of leave, or relieve staff of responsibilities have not yet been made. The Company will continuously evaluate its financial condition as well as all available strategic alternatives in connection with its ongoing restructuring effort to determine when employees will be recalled to active service, though there can be no assurance at this stage that any of the employees will return to the Company at the end of the temporary period of mandatory leave, if at all.

強制休假的員工的最後一天工作是2024年2月23日。強制性休假的初始期限爲三十 (30) 天,但尚未做出任何召回工作人員在職、延長休假期限或減輕工作人員責任的決定。公司將繼續評估其財務狀況以及與正在進行的重組工作有關的所有可用戰略選擇,以確定何時將員工召回現職,儘管目前無法保證任何員工會在強制性休假的臨時期結束時返回公司(如果有的話)。

About Neptune Wellness Solutions Inc.

關於 Neptune 健康解決方案公司

Neptune is a consumer-packaged goods company that aims to innovate health and wellness products. Founded in 1998 and headquartered in Laval, Quebec with a United States headquarters in Jupiter, Florida, the company focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products are available in more than 29,000 retail locations and include well-known organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. With its efficient and adaptable manufacturing and supply chain infrastructure, the company can quickly respond to consumer demand, and introduce new products through retail partners and e-commerce channels. Please visit neptunewellness.com for more details.

海王星是一家消費品包裝公司,旨在創新健康和保健產品。該公司成立於1998年,總部位於魁北克省拉瓦爾,美國總部位於佛羅里達州朱庇特,專注於開發符合天然、可持續、植物和以目的爲導向的生活方式品牌的最新市場趨勢的高質量、實惠的消費產品組合。該公司的產品在超過29,000個零售點有售,其中包括知名的有機食品和飲料品牌,例如Sprout Organics、Nosh和Nurturme,以及Biodroga和Forest Remedies等營養品品牌。憑藉其高效且適應性強的製造和供應鏈基礎設施,該公司可以快速響應消費者需求,並通過零售合作伙伴和電子商務渠道推出新產品。請訪問 neptunewellness.com 了解更多詳情。

Disclaimer - Safe Harbor Forward-Looking Statements

免責聲明-安全港前瞻性陳述

Statements in this news release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of applicable securities laws. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of Neptune to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes", "belief", "expects", "intends", "projects", "anticipates", "will", "should" or "plans" to be uncertain and forward-looking. Forward-looking statements relate to future events or future performance and reflect management's expectations or beliefs regarding future events including, but not limited to, statements with respect to the timing of reporting quarterly results. Although the Company believes that the assumptions and factors used in preparing the forward-looking information or forward-looking statements in this news release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. The forward-looking statements and information included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking information or forward-looking information to reflect new information, subsequent events or otherwise unless required by applicable securities laws. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement and the "Cautionary Note Regarding Forward-Looking Information" section contained in Neptune's latest Annual Report on Form 10-K and its subsequent filings, which are available on EDGAR at www.sec.gov/edgar.shtml. All forward-looking statements in this news release are made as of the date of this news release. Neptune does not undertake to update any such forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

本新聞稿中非歷史或當前事實陳述的陳述構成適用證券法所指的 “前瞻性陳述”。此類前瞻性陳述涉及已知和未知的風險、不確定性和其他未知因素,這些因素可能導致海王星的實際業績與歷史業績或此類前瞻性陳述所表達或暗示的任何未來業績存在重大差異。除了明確描述此類風險和不確定性的陳述外,我們敦促讀者將標有 “相信”、“信念”、“期望”、“打算”、“項目”、“預期”、“將來”、“應該” 或 “計劃” 等術語的陳述視爲不確定和具有前瞻性的陳述。前瞻性陳述與未來事件或未來業績有關,反映了管理層對未來事件的預期或信念,包括但不限於有關報告季度業績時間的陳述。儘管公司認爲在本新聞稿中準備前瞻性信息或前瞻性陳述時使用的假設和因素是合理的,但不應過分依賴此類信息,也無法保證此類事件將在披露的時間範圍內或根本無法保證此類事件會發生。本新聞稿中包含的前瞻性陳述和信息自本新聞稿發佈之日起作出,除非適用的證券法要求,否則公司沒有義務公開更新此類前瞻性信息或前瞻性信息以反映新信息、後續事件或其他情況。提醒讀者不要過分依賴這些前瞻性陳述,這些陳述僅代表截至本新聞發佈之日。本警示聲明和海王星最新的10-K表年度報告及其後續文件中包含的 “關於前瞻性信息的警示說明” 部分對本新聞稿中包含的前瞻性陳述進行了明確的全面限定,這些報告可在EDGAR上查閱,網址爲www.sec.gov/edgar.shtml。本新聞稿中的所有前瞻性陳述均自本新聞發佈之日起作出。除非法律要求,否則海王星不承諾更新任何此類前瞻性陳述,無論是由於新信息、未來事件還是其他原因。

Going Concern
As of the date this press release, there is minimal cash balance at the Company. The Company requires funding in the very near term in order to continue its operations and is considering all strategic alternatives that may be available, including debt financing and asset divestitures, in order to generate cash to fund operations. The Company's lack of cash resources and current share price may adversely affect its ability to raise new capital, maintain its NASDAQ listing and execute its business strategy. If the Company is unable to obtain funding in the near term, it may have to cease operations and liquidate its assets. These conditions cast substantial doubt about the Company's ability to continue as a going concern.

繼續關注
截至本新聞稿之日,該公司的現金餘額微乎其微。該公司需要在短期內提供資金才能繼續運營,並正在考慮所有可能的戰略選擇,包括債務融資和資產剝離,以產生現金爲運營提供資金。該公司缺乏現金資源和當前股價可能會對其籌集新資金、維持在納斯達克上市和執行業務戰略的能力產生不利影響。如果公司無法在短期內獲得資金,則可能不得不停止運營並清算其資產。這些條件使人們對公司繼續作爲持續經營企業的能力產生了嚴重懷疑。

Media Contacts:
media@neptunecorp.com

媒體聯繫人:
media@neptunecorp.com

Investor Contacts:
Valter Pinto, Managing Director
KCSA Strategic Communications
neptune@kcsa.com
212.896.1254

投資者聯繫人:
瓦爾特·平託,董事總經理
KCSA 戰略傳播
neptune@kcsa.com
212.896.1254

SOURCE: Neptune Wellness Solutions, Inc.

來源:海王星健康解決方案有限公司


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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