HEALWELL Files Amended Business Acquisition Report
Rhea-AI Summary
HEALWELL AI (OTCQX: HWAIF) filed an amended and restated business acquisition report dated October 24, 2025, relating to its acquisition of Orion Health Holdings Limited, which closed on April 1, 2025. The Amended BAR replaces the prior BAR filed June 30, 2025.
The amendment updates the audit report to confirm compliance with the International Standards on Auditing (ISA) rather than ISA (New Zealand) and adds disclosure about the auditor’s responsibilities as required by ISA. The filing was made at the request of staff of the Ontario Securities Commission. The Amended BAR is available on SEDAR+.
Positive
- Acquisition of Orion Health closed on April 1, 2025
- Amended BAR confirms audit compliance with ISA
Negative
- Amended BAR filed at request of OSC staff
- Original BAR of June 30, 2025 was superseded
News Market Reaction 1 Alert
On the day this news was published, HWAIF gained 1.72%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Toronto, Ontario--(Newsfile Corp. - October 24, 2025) - HEALWELL AI Inc. (TSX: AIDX) (OTCQX: HWAIF) ("HEALWELL" or the "Company"), a healthcare artificial intelligence company focused on preventative care, announces it has filed an amended and restated business acquisition report dated October 24, 2025 (the "Amended BAR"), relating to HEALWELL's acquisition of Orion Health Holdings Limited which closed on April 1, 2025. The Amended BAR replaces and supersedes the previous business acquisition report of HEALWELL filed on June 30, 2025.
The Company filed the Amended BAR to update the audit report to reflect an administrative change that the audit report is prepared in compliance with the International Standards on Auditing ("ISA") whereas the prior report reflected compliance with ISA (New Zealand) ("ISA NZ"). Although ISA NZ is substantively similar to ISA, the audit report has been updated to confirm compliance with ISA and include additional disclosure related to the auditor's responsibilities in connection with the audit as required by ISA. The Amended BAR was filed at the request of staff of the Ontario Securities Commission in connection with a staff review.
The Amended BAR can be viewed on SEDAR+ at www.sedarplus.ca.
James Lee
Chief Executive Officer
HEALWELL AI Inc.
About HEALWELL AI
HEALWELL is a healthcare artificial intelligence company focused on preventative care. Its mission is to improve healthcare and save lives through early identification and detection of disease. Using its own proprietary technology, the Company is developing and commercializing advanced clinical decision support systems that can help healthcare providers detect rare and chronic diseases, improve efficiency of their practice and ultimately help improve patient health outcomes. HEALWELL is executing a strategy centered around developing and acquiring technology and clinical sciences capabilities that complement the Company's road map. HEALWELL is publicly traded on the Toronto Stock Exchange under the symbol "AIDX" and on the OTC Exchange under the symbol "HWAIF". To learn more about HEALWELL, please visit https://healwell.ai/.
For more information:
Pardeep S. Sangha
Investor Relations, HEALWELL AI Inc.
Phone: 604-572-6392
ir@healwell.ai
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271842
FAQ
What did HEALWELL (HWAIF) file on October 24, 2025?
When did HEALWELL complete the acquisition of Orion Health (HWAIF)?
Why was the HEALWELL BAR amended on October 24, 2025?
Did a regulator request HEALWELL to file the Amended BAR (HWAIF)?
Where can investors view HEALWELL's Amended BAR for HWAIF?
