On February 24, 2023, JW Asset Management LLC announced that it has entered into settlement agreement with RIV capital, to settle certain disputes relating to JW's application to the Ontario Superior Court of Justice that was previously announced in a press release filed by RIV on May 24, 2022, and the requisition of a special meeting of RIV announced in a press release filed by JW on December 20, 2022. In addition, JW Asset Management stated that under the settlement agreement, it has agreed to withdraw its requisition notice, proposal to remove certain directors and elect new directors to the Company board.