Re: BLA-0000002955 - ARYA HEALTHY LIVING INC. - MLITSD THA Licence Application - Request for Additional Information

From
Sean Cygan <scygan@thekey.com>
To
Seth Poindexter <seth.poindexter@thekey.com>
CC
Timothy Thomas <tt@thekey.com>, Dylan Hodson <dylan.hodson@thekey.com>, Michael Jichetti <michael.jichetti@thekey.com>, Compliance <compliance@thekey.com>
Date
Wed, 11 Feb 2026 07:38:11 -0800
Folder
INBOX
--0000000000009ff442064a8e2918 Content-Type: multipart/alternative; boundary="0000000000009ff440064a8e2917" --0000000000009ff440064a8e2917 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Good Morning. Has this been paid? On Tue, Feb 10, 2026 at 7:44=E2=80=AFAM Sean Cygan wrot= e: > Hi Seth, > > Has this been paid?. > > Sean > > On Sat, Jan 31, 2026 at 3:10=E2=80=AFPM Seth Poindexter seth.poindexter@thekey.com> wrote: > >> The balance due will be remitted next week. >> >> On Sat, Jan 31, 2026, 11:57=E2=80=AFAM Seth Poindexter > seth.poindexter@thekey.com> wrote: >> >>> We will need to confirm with KPMG. Yesterday they provided the balance >>> for Arya Healthy Living Inc and we are in compliance with only our curr= ent >>> GST payable due 1/31. >>> >>> >>> On Sat, Jan 31, 2026, 11:47=E2=80=AFAM Sean Cygan w= rote: >>> >>>> Hi Michael and Seth >>>> >>>> The attached TCV letter that Tim gave me shows that we still owe a >>>> balance of 17K which means we are not compliant since we owe money. = We >>>> need the balance paid off *ASAP*. >>>> >>>> Thanks >>>> >>>> On Mon, Jan 19, 2026 at 12:22=E2=80=AFPM Timothy Thomas wrote: >>>> >>>>> Thank you for your help. >>>>> >>>>> On Mon, Jan 19, 2026 at 2:15=E2=80=AFPM Dylan Hodson >>>>> wrote: >>>>> >>>>>> Hi Tim, >>>>>> >>>>>> I have escalated it to both the VP of our relationship team as well >>>>>> as the individual responsible for all of our Letters of Credit. >>>>>> >>>>>> I agree that this is taking much longer than it should. The delay is >>>>>> attributable to this being a new entity that had to by identified by= the >>>>>> bank, having to establish new signer authorities with the bank for t= hat >>>>>> entity, and this occurring over several holidays where the bank has = been >>>>>> closed or in a "blackout" period where things slow down substantiall= y. >>>>>> >>>>>> I will continue to escalate with calls and emails to get this >>>>>> completed and as soon as I have the letter we will send it over. >>>>>> >>>>>> Thank you, >>>>>> Dylan >>>>>> >>>>>> On Mon, Jan 19, 2026 at 10:56=E2=80=AFAM Timothy Thomas >>>>>> wrote: >>>>>> >>>>>>> Hi Dylan, >>>>>>> >>>>>>> We're at the point of potentially losing our permit. Given our size= , >>>>>>> I imagine we are a decent client of JPM. Are you able to escalate t= his >>>>>>> request? It's been 2 months now and it's no longer acceptable for u= s to >>>>>>> wait. >>>>>>> >>>>>>> Thanks >>>>>>> Tim >>>>>>> >>>>>>> On Mon, Jan 19, 2026 at 1:31=E2=80=AFPM Dylan Hodson >>>>>> dylan.hodson@thekey.com> wrote: >>>>>>> >>>>>>>> Hi Sean, >>>>>>>> >>>>>>>> Yes, I've still been asking the bank for updates nearly every day. >>>>>>>> The last update I had was on Thursday of last week but I followed = up with >>>>>>>> them this morning and am requesting it ASAP. >>>>>>>> >>>>>>>> Thank you, >>>>>>>> Dylan >>>>>>>> >>>>>>>> On Mon, Jan 19, 2026 at 9:18=E2=80=AFAM Sean Cygan >>>>>>>> wrote: >>>>>>>> >>>>>>>>> Hi Dylan, >>>>>>>>> >>>>>>>>> 

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