|Bid||2.94 x 0|
|Ask||2.99 x 0|
|Day's Range||2.9800 - 2.9800|
|52 Week Range||1.3600 - 4.0200|
|Beta (3Y Monthly)||-5.42|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
OTCPK: ARHH), a provider of intraoperative neuromonitoring services, has signed a new $2 million term loan, plus a $1 million operating line of credit, for a total of $3 million with Colorado Business Bank. In addition, the operating line of credit bears interest at a rate of LIBOR plus 3.5% and matures in 2020. The use of proceeds from both facilities will be utilized for working capital and general corporate purposes, along with funding the Company’s expansion plans.
OTCPK: ARHH), a provider of intraoperative neuromonitoring services, has partnered with two surgeons at a premier facility located in New Orleans, Louisiana. This brings the total number of spine and neurosurgeons that Assure is currently working with in Louisiana to eleven, with more expected to be added to the platform soon. “As we continue our strong momentum into 2019, entering into a new partnership with two additional surgeons in Louisiana is another step forward in expanding our platform’s reach,” said John A. Farlinger, Assure’s executive chairman and interim CEO.
OTCQB: ARHH), a provider of intraoperative neuromonitoring services, announces that further to a board meeting held on January 14, 2019, it has issued an aggregate of 1,041,000 options to purchase common shares of the Company (the “Options”) to officers, employees, directors and consultants of the Company. This follows the January 8, 2019, announcement that Founder and Director Preston Parsons offered to give back one million Options to support the Company’s retention and recruitment. Each of the Options issued will be exercisable at US$1.56 (equivalent to C$2.07, based on the noon exchange rate set by the Bank of Canada on January 14, 2019).
OTCPK: ARHH), a provider of intraoperative neuromonitoring services, has signed an agreement with Founder and Director Preston Parsons to fully retire the debt obligation he owed to the Company. Parsons entered into an agreement with Assure on August 6, 2018, pursuant to which he agreed to repay certain reclassified expenses and pledge certain collateral to secure repayment. Assure’s board of directors, with Parsons abstaining, determined that it is in the best interest of the Company and its shareholders to settle the debt by surrendering and cancelling 1,461,392 of his shares at a price of $1.50 per share.
OTCPK: ARHH), a provider of intraoperative neuromonitoring services, has appointed Paul Webster as its vice president of strategy, effective January 7, 2019. Webster has two decades of managerial and strategic leadership experience in the healthcare industry. Most recently he served as vice president of policy and health economics for Air Methods Corp. (formerly Nasdaq: AIRM), one of the largest air medical service companies in the world.
DENVER, Nov. 27, 2018 -- Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services, reported financial.
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