Neptune announces next phase of strategic review process

Strategic business and financial alternatives considered may include monetization of assets, strategic partnerships and/or the acquisition of the remaining parts of sprout organics through an equity/debt transaction laval, qc , aug. 7, 2023 /prnewswire/ - neptune wellness solutions inc. ("neptune" or the "company") (nasdaq: nept), a consumer-packaged goods company specializing in plant-based, sustainable, and purpose-driven lifestyle brands, announced today that its board of directors (the "board") has initiated phase ii of a comprehensive review and evaluation of strategic options for the company to unlock and maximize shareholder value. this phase will encompass consideration of all available strategic business and financial alternatives, which may include, but is not limited to, the monetization of assets, strategic partnerships, and/or the acquisition of the remaining parts of sprout organics through an equity/debt transaction.
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