Vancouver, British Columbia–(Newsfile Corp. – October 6, 2026) – Unbuzzd Wellness Inc. (the “Company” or “Unbuzzd“), the company behind unbuzzd, announces that it has filed amended and restated unaudited condensed interim consolidated financial statements for the three and nine months ended April 30, 2026 and 2025 (the “Amended Financial Statements“), together with amended and restated management’s discussion and analysis (the “Amended MD&A“).
The Amended Financial Statements and Amended MD&A correct: (i) cost of sales and inventory balances for the 2026 and 2025 periods, including a $41,801 inventory impairment for the nine months ended April 30, 2026; (ii) share-based compensation for the 2025 comparative periods, which had been overstated because a higher share price was used to value certain RSUs and vested stock options; and (iii) a $23,200 change in fair value of derivative liabilities previously recorded in the 2025 comparative periods. The amendments also reflect the Company’s 24-for-1 share consolidation on a retrospective basis and update related disclosure.
As a result of the amendments, inventory and total assets as at April 30, 2026 each decreased by $41,801, and the net loss for the nine months ended April 30, 2026 increased from $316,907 to $358,708. For the nine months ended April 30, 2025, share-based compensation decreased from $1,649,728 to $50,494 and the net loss decreased from $2,496,549 to $914,472. The amendments did not change the Company’s reported sales, cash balance or total liabilities as at and for the nine months ended April 30, 2026.
The Amended Financial Statements and Amended MD&A replace and supersede the corresponding documents originally filed on June 25, 2026. Investors should no longer rely on the previously filed financial statements and MD&A for the three and nine months ended April 30, 2026 and 2025. The amended and restated documents are available under the Company’s profile on SEDAR+ at www.sedarplus.ca. Additional information concerning the restatement is included in Note 15 to the Amended Financial Statements.
About Unbuzzd Wellness Inc.
Unbuzzd Wellness Inc., a non-trading but fully reporting public issuer, stands as a pioneering force in the wellness and recovery supplement landscape. unbuzzd has been developed by a world-class R&D team in pharmacology and medicine, with a commitment to innovation and quality. A proprietary blend of vitamins, minerals, and herbs, unbuzzd helps your body process alcohol faster, restore mental alertness, and improve cognition so you can drink responsibly and drink refreshingly. unbuzzd appeals to a broad target audience of alcohol consumers who want to have a good time, be in control, and still feel great the next day.
Read More: Unbuzzd Wellness Inc. Announces Refiling of Amended and Restated Interim
