Some hoops, but yes according to the PR
wellteq anticipates calling a shareholder meeting to be held in November 2022 (the "Meeting"), to among other things, seek shareholder approval of the Transaction. wellteq anticipates closing of the Transaction will occur in late-November 2022, subject to satisfaction of all conditions to closing set out in the Arrangement Agreement.
The completion of the Transaction is subject to the satisfaction of a number of conditions set forth in the Arrangement Agreement, including but not limited to the following:
-- The Transaction being approved by special resolution passed by 66 2/3% of
the votes cast by holders of wellteq Shares represented at the Meeting;
-- If required under applicable laws, approval by a majority of the minority
shareholders of wellteq;
-- The Arrangement being approved by the British Columbia Supreme Court;
-- Applicable regulatory approvals, including those of the ASX, NASDAQ and
the CSE, as required; and
-- Other conditions of closing customary in transactions of this nature.