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
Tue, 10 Feb 2026 07:44:59 -0800
Folder
INBOX
--0000000000001ed196064a7a2492 Content-Type: multipart/alternative; boundary="0000000000001ed195064a7a2491" --0000000000001ed195064a7a2491 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Seth, Has this been paid?. Sean On Sat, Jan 31, 2026 at 3:10=E2=80=AFPM Seth Poindexter wrote: > The balance due will be remitted next week. > > On Sat, Jan 31, 2026, 11:57=E2=80=AFAM Seth Poindexter > 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 curre= nt >> GST payable due 1/31. >> >> >> On Sat, Jan 31, 2026, 11:47=E2=80=AFAM Sean Cygan wr= ote: >> >>> 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. W= e >>> 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 a= s >>>>> 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 th= at >>>>> entity, and this occurring over several holidays where the bank has b= een >>>>> closed or in a "blackout" period where things slow down substantially= . >>>>> >>>>> 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 th= is >>>>>> request? It's been 2 months now and it's no longer acceptable for us= to >>>>>> wait. >>>>>> >>>>>> Thanks >>>>>> Tim >>>>>> >>>>>> On Mon, Jan 19, 2026 at 1:31=E2=80=AFPM Dylan Hodson >>>>>> 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 u= p 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, >>>>>>>> >>>>>>>> Has the bank sent you the letter yet? If not, can you push them >>>>>>>> to have it done ASAP? >>>>>>>> >>>>>>>> Sean >>>>>>>> >>>>>>>> On Fri, Jan 9, 2026 at 12:44=E2=80=AFPM Dylan Hodson >>>>>>> dylan.hodson@thekey.com> wrote: >>>>>>>> >>>>>>>>> Hello, >>>>>>>>> >>>

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