Beyond Medical Technologies Inc. Announces Resignation of Dr. Hyder A. Khoja from Its Board of Directors
Rhea-AI Summary
Beyond Medical Technologies Inc. (CSE: DOCT, FSE: 7FM, OTC Pink: DOCKF) has announced the resignation of Dr. Hyder A. Khoja from its Board of Directors. Dr. Khoja had served as an Independent Board Director since 2017. CEO Kal Malhi expressed gratitude for Dr. Khoja's service and wished him well in future endeavors.
The company has stated that it will begin a search for a new Independent Director and will inform the market once a suitable replacement has been interviewed and selected. This management change could potentially impact the company's governance structure and strategic direction.
Positive
- Opportunity to bring fresh perspectives and expertise to the board with a new Independent Director
Negative
- Loss of Dr. Khoja's experience and insights from the board
- Potential temporary gap in board composition during the search for a replacement
News Market Reaction
On the day this news was published, DOCKF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2024) - Beyond Medical Technologies Inc. (CSE: DOCT) (FSE: 7FM) (OTC Pink: DOCKF) ("Beyond Medical" or the "Company") announced today the resignation of Independent Board Director, Dr. Hyder A. Khoja.
"We would like to thank Dr. Khoja for his service on the Board since 2017 and wish him well in his future endeavors," expressed Kal Malhi, CEO of Beyond Medical Technologies Inc.
The Board will begin a search for a new Independent Director and will notify the market when a replacement has been interviewed and selected.
On behalf of the Board of Directors
"Kal Malhi"
Chief Executive Officer
Email: kal@bullruncapital.ca
https://beyond-md.ca/
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219721
FAQ
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