nDatalyze Corp

OTC Pink - Current Information:NDATFUnited StatesView on Canadian Exchange

May 10, 2024

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• nDatalyze Corp. ("NDAT" or the "Corporation") (CSE:NDAT) (OTC:NDATF) to focus on revenues and Reference Database expansion., from 4:31PM ET on Friday May 10, 2024 by Dow Jones

  4:31PM ET on Friday May 10, 2024 by Dow Jones
  Companies Mentioned: NDAT
  
  May, 10, 2024 -- (nDatalyze Corp.) --
  
  (TheNewswire)
  
  Calgary, Alberta -- May 10, 2024 -- TheNewswire - nDatalyze Corp. ("NDAT" or the "Corporation") (CSE:NDAT) (OTC:NDATF) The Corporation wishes to announce that, after careful consideration, it has decided to conclude its collaboration with the Canadian Mental Health Association (CMHA), effective immediately. Despite initial plans being in place for some time, unforeseen administrative delays at CMHA have unfortunately prevented the commencement of the study and the Corporation has determined that the projected timeline for the study's completion is no longer feasible. It's important to note that no data exchange occurred, and NDAT did not incur any expenses related to the CMHA as the study had not yet begun. The allocated funds for this study will be redirected to our general working capital account while the Corporation explores database expansion with a US institution that will align with our recent acquisition of MindBalanced Inc. and its US operations. The clinical study conducted in collaboration with York University, focusing on DNA integration into the YMI Reference Database, continues.