VitalHub Corp. Receives Conditional Approval to List on the Toronto Stock Exchange
30 August 2021 - 9:30PM
VITALHUB CORP. (TSXV: VHI) (the “Company” or “VitalHub”) is pleased
to announce that it has received conditional approval subject to
certain conditions to list its common shares on the Toronto Stock
Exchange (the "TSX"). Concurrent with the TSX listing, the common
shares of VitalHub will be de-listed from the TSX Venture Exchange.
When asked to comment on the approval to uplist, VitalHub CEO
Dan Matlow said:
“Receiving approval and uplisting to the TSX is a ratification
of the Company’s progress since inception and marks another step
forward in our journey toward cementing our internationally
recognized leadership role within the healthcare IT sector.
VitalHub’s solutions are used by over 300 customers across five
countries, with many of our offerings viewed as leading solutions
across international jurisdictions. Our growth through synergistic
M&A combined with our strong organic expansion has created the
foundation required for continued, scalable growth well into the
future. Uplisting to the TSX will serve to increase the potential
depth of our investor base on a go-forward basis, as we continue to
execute on our strategy, and will undoubtably benefit our
investors, customers, and employees. Congratulations and thanks to
all who have been involved.”
Final approval of the listing is subject to the Company meeting
certain customary conditions required by the TSX. The Company will
issue a press release once the TSX confirms the date when trading
of VitalHub common shares is expected to commence on the TSX.
ABOUT VITALHUB
Software for Health and Human Services providers designed to
simplify the user experience & optimize outcomes.
VitalHub provides technology to Health and Human Services
providers including; Hospitals, Regional Health Authorities, Mental
Health, Long Term Care, Home Health, Community and Social Services.
VitalHub solutions span the categories of Electronic Health Record
(EHR), Case Management, Care Coordination, Patient Flow &
Operational Visibility, and DOCit Mobile Apps.
The Company has a robust two-pronged growth strategy, targeting
organic growth opportunities within its product suite, and pursuing
an aggressive M&A plan. Currently, VitalHub serves 275+
clients across Canada, USA, UK, Australia, Qatar, and Latvia.
VitalHub is based in Toronto, Canada, with an offshore
development hub in Sri Lanka. The Company is publicly traded on the
TSX Venture Exchange under the symbol “VHI”.
CAUTIONARY STATEMENT
This press release includes forward-looking statements regarding
the Corporation and its business, which may include, but is not
limited to, statements with respect to the appointment of a new
directors. Often, but not always, forward-looking statements can be
identified by the use of words such as "plans", "is expected",
"expects", "scheduled", "intends", "contemplates", "anticipates",
"believes", "proposes" or variations (including negative
variations) of such words and phrases, or state that certain
actions, events or results "may", "could", "would", "might" or
"will" be taken, occur or be achieved. Such statements are based on
the current expectations of the management of each entity and are
based on assumptions and subject to risks and uncertainties.
Although the management of each entity believes that the
assumptions underlying these statements are reasonable, they may
prove to be incorrect. The forward-looking events and circumstances
discussed in this release, may not occur by certain specified dates
or at all and could differ materially as a result of known and
unknown risk factors and uncertainties affecting the companies,
including risks regarding the technology industry, failure to
obtain regulatory or shareholder approvals, market conditions,
economic factors, the equity markets generally and risks associated
with growth and competition. Although the Corporation has attempted
to identify important factors that could cause actual actions,
events or results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results to differ from those anticipated,
estimated or intended. No forward-looking statement can be
guaranteed. Except as required by applicable securities laws,
forward-looking statements speak only as of the date on which they
are made and the Corporation undertakes no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future events, or otherwise.
CONTACT INFORMATION
Dan MatlowChief Executive Officer, Director(416)
727-9061dan.matlow@vitalhub.com
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