On 06 February 2023, Vitura Health Limited announced that Cronos Australia Limited (ASX: CAU) has changed its name to Vitura Health Limited. The company's new name reflects the integration of its business with CDA Health Pty Ltd. Vitura Health Limited expects that its ASX code will be updated to VIT on 8 February 2023, the opening day of trade. The decision to change the company's name was made at the Annual General Meeting held on 29 November 2022. The shareholders overwhelmingly supported the change, with more than 99.7% of all votes cast in favor of it.
According to the Board, the name change will help to deepen the integration of the two companies into a cohesive, high-performing entity. The new name aligns with the merged company's vision, values, and aspirations, rather than being tied to the pre-merger business. The company has indicated that there will be no changes to the brands in its portfolio, which include CanView, Burleigh Heads Cannabis, CDA Clinics, Cannadoc, and Adaya.
The Australian Securities and Investments Commission has updated the company's registration details to reflect the change of name. Effective immediately, the company's name has been changed to Vitura Health Limited. The company anticipates that it will commence trading on the ASX under the new name and ASX code on 8 February 2023.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.