HEALWELL AI Inc. (“
HEALWELL” or the
“
Company”) (TSX: AIDX), a data science and AI
company focused on preventative care, is pleased to announce that
it has received approval to begin trading on the OTCQX® Best Market
(the “
OTCQX”) and its Class A Subordinate Voting
Shares will begin trading under the ticker “
HWAIF”
as of November 21, 2023. HEALWELL is also pleased to announce that
the Depository Trust Company (“
DTC”) has made
HEALWELL’s Class A Subordinate Voting Shares eligible for
electronic deposit at DTC. The Company believes that the
opportunity to clear and settle trades in its Class A Subordinate
Voting Shares on the OTCQX should provide a more seamless
experience for its U.S. shareholders.
“This is an exciting milestone for HEALWELL, as
we proudly announce our approval to commence trading on the OTCQX®
Best Market and our achievement of DTC eligibility. Trading on the
OTCQX represents a crucial step forward in our U.S. capital markets
strategy, allowing us to expand our reach and enhance accessibility
for U.S. investors,” said Alexander Dobranowski, CEO of HEALWELL.
“The OTCQX is the highest market tier of OTC Markets, and we
believe that this accomplishment will aid us in our ambitious
growth plans as we facilitate the broadening of our investor
community and increase our liquidity in the North American
markets.”
To qualify for the OTCQX, companies must meet
high financial standards, follow best practice corporate governance
and demonstrate compliance with applicable securities laws. The
OTCQX market includes both multinational companies seeking access
to U.S. investors and domestic growth companies. To be traded on
this tier, companies must undergo a qualitative review by OTC
Markets Group. U.S. investors can find real-time quotes and market
information for the Company at
https://www.otcmarkets.com/stock/HWAIF/overview. There will be no
change to HEALWELL’s trading under the TSX Exchange symbol
“AIDX”.
DTC is a subsidiary of the Depository Trust and
Clearing Corporation, one of the world’s largest securities
depositories. It manages the electronic clearing and settlement of
publicly traded companies. A larger number of HEALWELL’s securities
are now eligible to be electronically cleared and settled which
allows a more streamlined process of trading, enhanced liquidity,
and the provision of more direct access to investors in the U.S.
OTC capital markets.
Dr. Alexander DobranowskiChief Executive
OfficerHEALWELL AI Inc.
About HEALWELL AI
HEALWELL AI is a health care technology company
focused on AI and data science for preventive care. Its mission is
to improve health care and save lives through early identification
and detection of disease. As a physician-led organization with a
proven management team of experienced executives, HEALWELL AI is
executing a strategy centered around developing and acquiring
technology and clinical sciences capabilities that complement the
Company's road map. HEALWELL is publicly traded on the Toronto
Stock Exchange under the symbol AIDX. To learn more about HEALWELL
AI, please visit: https://healwell.ai/.
About OTC Markets Group
Inc.
OTC Markets Group Inc. operates the OTCQX® Best
Market, the OTCQB® Venture Market and the Pink® Open Market for
12,000 U.S. and global securities. Through OTC Link® ATS and OTC
Link ECN, the OTC Markets Groups connects a diverse network of
broker-dealers that provide liquidity and execution services. They
enable investors to easily trade through the broker of their choice
and empower companies to improve the quality of information
available for investors. To learn more about how we create better
informed and more efficient markets, visit www.otcmarkets.com.
Forward Looking Statements
Certain statements in this press release,
constitute "forward-looking information" and "forward looking
statements" (collectively, "forward looking statements") within the
meaning of applicable Canadian securities laws and are based on
assumptions, expectations, estimates and projections as of the date
of this press release. Forward-looking statements in this press
release include statements with respect to, among other things: the
expected impact of the Company’s approval to trade on the OTCQX and
its DTC eligibility on the ability of US investors to clear and
settle trades in the Company’s securities; as well as the
anticipated benefits for the Company. Forward-looking statements
are often, but not always, identified by words or phrases such as
"to become", "improve", "growth", "ensuring", "continue",
"anticipated", "expects", "believe", "potential", "future",
"consider", "result in", "increase", "deliver", "emerging", "plan",
"position", "opportunities", "expansion", "exercise", "ensure",
"achieve", "acquire", "complete", "satisfy", "entitle", "subject
to" or variations of such words and phrases or statements that
certain future conditions, actions, events or results "will",
"may", "could", "would", "should", "might" or "can" be taken, occur
or be achieved, or the negative of any of these terms.
Forward-looking statements are necessarily based upon management’s
perceptions of historical trends, current conditions and expected
future developments, as well as a number of specific factors and
assumptions that, while considered reasonable by HEALWELL as of the
date of such statements, are outside of HEALWELL's control and are
inherently subject to significant business, economic and
competitive uncertainties and contingencies which could result in
the forward-looking statements ultimately being entirely or
partially incorrect or untrue. Forward looking statements contained
in this press release are based on various assumptions, including,
but not limited to, the following: the stability of general
economic and market conditions; HEALWELL's ability to comply with
applicable laws and regulations; HEALWELL's continued compliance
with third party intellectual property rights; and that the risk
factors noted below, collectively, do not have a material impact on
HEALWELL's business, operations, revenues and/or results. By their
nature, forward-looking statements are subject to inherent risks
and uncertainties that may be general or specific and which give
rise to the possibility that expectations, forecasts, predictions,
projections, or conclusions will not prove to be accurate, that
assumptions may not be correct, and that objectives, strategic
goals and priorities will not be achieved.
Known and unknown risk factors, many of which
are beyond the control of HEALWELL, could cause the actual results
of HEALWELL to differ materially from the results, performance,
achievements, or developments expressed or implied by such
forward-looking statements. Such risk factors include but are not
limited to those factors which are discussed under the section
entitled "Risk Factors" in HEALWELL's most recent annual
information form dated March 31, 2023, which is available under
HEALWELL's SEDAR+ profile at www.sedarplus.ca. The risk
factors are not intended to represent a complete list of the
factors that could affect HEALWELL and the reader is cautioned to
consider these and other factors, uncertainties and potential
events carefully and not to put undue reliance on forward-looking
statements. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Forward-looking statements are provided for the purpose
of providing information about management’s expectations and plans
relating to the future. HEALWELL disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise,
or to explain any material difference between subsequent actual
events and such forward-looking statements, except to the extent
required by applicable law. All of the forward-looking statements
contained in this press release are qualified by these cautionary
statements.
For more information:
Pardeep S. Sangha
Investor Relations, HEALWELL AI Inc.
Phone: 604-572-6392
ir@healwell.ai
HealWell AI (TSX:AIDX)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
HealWell AI (TSX:AIDX)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024