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Assure Holdings Corp. (NASDAQ: IONM) is a leading provider of intraoperative neuromonitoring (IONM) and remote neurology services, based in Denver, Colorado. The company collaborates with neurosurgeons and orthopedic spine surgeons to offer a comprehensive suite of services that ensure the safety and integrity of the nervous system during invasive surgical procedures.
Assure Holdings employs a skilled team of technologists and utilizes state-of-the-art monitoring equipment to provide real-time feedback to surgeons during operations. Their services are crucial in procedures where the nervous system is at risk, including neurosurgery, spine, cardiovascular, orthopedic, and ear, nose, and throat surgeries. By managing 100% of the intraoperative neuromonitoring scheduling and setup, Assure ensures seamless integration into the surgical workflow.
The company is accredited by The Joint Commission, underscoring its commitment to delivering exceptional surgical care and a positive patient experience. Assure's mission revolves around a patient-driven focus, ensuring the highest quality service in the industry.
In recent developments, Assure Holdings has expanded its authorized shares from 9,000,000 to 250,000,000, enabling the company to raise capital and execute its strategic plans. Additionally, Assure is set to complete a significant transaction with Danam Health Inc., which will further bolster its market position and operational capabilities. The company has been granted an extension by the Nasdaq Listing Qualifications Panel to regain compliance with the continued listing requirements by July 22, 2024.
For more information, visit the company’s website at www.assureneuromonitoring.com.
Assure Holdings Corp. (OTC: IONM) has amended its Convertible Note Exchange Offer for its 9% Convertible Debentures due in 2023 and 2024. Key changes include: (1) Increasing the exchange rate from 238.44 to 1,000 shares of common stock per $1,000 claim, effectively reducing the conversion price from $4.194 to $1.00. (2) Extending the offer deadline to September 20, 2024. (3) Updating the offer to include recent company developments. Approximately $2.0 million in principal face amount of Assure Convertible Debentures have been tendered under the offer. The company emphasizes that this announcement is for informational purposes only and does not constitute an offer to purchase or sell securities.
Assure Holdings Corp. (OTC: IONM) has extended the expiration date of its exchange offer for its 9% Convertible Debentures due 2023 and 2024. The new expiration date is set for September 6, 2024, at 11:59 p.m. (Denver Time). This marks another extension from the original July 19, 2024 deadline. As of August 23, 2024, approximately $2.0 million in principal face amount of Assure Convertible Debentures have been tendered into the offer. All other terms of the offer remain unchanged as outlined in the Offer Letter dated June 21, 2024. Assure emphasizes that this announcement is for informational purposes only and does not constitute an offer to purchase or sell securities. Holders of Assure Convertible Debentures are urged to carefully review the Schedule TO and Offer Letter for complete terms and conditions.
Assure Holdings Corp. (OTC: IONM) has extended the expiration date of its exchange offer for its 9% Convertible Debentures due 2023 and 2024. The new expiration date is set for August 23, 2024 at 11:59 p.m. (Denver Time), unless further extended. This marks several extensions from the original July 19, 2024 deadline. As of August 16, 2024, $2.0 million in principal face amount of Assure Convertible Debentures have been tendered into the offer. All other terms of the offer remain unchanged as outlined in the Offer Letter dated June 21, 2024. The company urges debenture holders to carefully review the Schedule TO and Offer Letter for complete terms and conditions before making any decisions.
Assure Holdings Corp. (OTC: IONM) has extended the expiration date of its exchange offer for its 9% Convertible Debentures due 2023 and 2024. The new expiration date is set for August 16, 2024 at 11:59 p.m. (Denver Time), unless further extended. This marks the third extension of the offer, which was originally scheduled to expire on July 19, 2024.
As of August 2, 2024, $2.4 million in principal face amount of Assure Convertible Debentures have been tendered into the offer. All other terms of the offer remain unchanged as outlined in the Offer Letter dated June 21, 2024, and the related Schedule TO filed with the SEC.
Assure emphasizes that this announcement is for informational purposes only and does not constitute an offer to purchase or sell securities. Holders of Assure Convertible Debentures are urged to carefully review the Schedule TO and Offer Letter for complete terms and conditions.
Assure Holdings Corp. (NASDAQ: IONM) has extended the expiration date of its exchange offer for its 9% Convertible Debentures due 2023 and 2024. The new expiration date is set for August 2, 2024, at 11:59 p.m. (Denver Time). This marks the second extension of the offer, which was originally scheduled to expire on July 19, 2024, and previously extended to July 26, 2024.
As of July 26, 2024, $2.4 million in principal face amount of Assure Convertible Debentures have been tendered into the offer. All other terms of the offer remain unchanged as outlined in the Offer Letter dated June 21, 2024, and subsequent amendments. Detailed information about the offer is available in the Schedule TO filed with the SEC.
Assure Holdings Corp. (NASDAQ: IONM) has extended the expiration date of its exchange offer for its 9% Convertible Debentures due 2023 and 2024. The new expiration date is set for July 26, 2024 at 11:59 p.m. (Denver Time), extended from the previous date of July 19, 2024. As of the previous deadline, $2.7 million in principal face amount of Assure Convertible Debentures have been tendered into the offer.
All other terms of the offer remain unchanged as outlined in the Offer Letter dated June 21, 2024, with amendments on July 3 and July 12, 2024. The company has filed the necessary documentation with the SEC, including the Schedule TO and its amendments. Assure encourages debenture holders to review these documents carefully before making any decisions regarding the exchange offer.
Assure Holdings announced a reverse stock split at a ratio of 18:1, effective July 9, 2024. This move aims to comply with NASDAQ's minimum bid price requirement. Post-split, the share count will reduce from approximately 10.6 million to about 589,017, with the stock trading under the same symbol 'IONM'. Fractional shares will be rounded up, and proportional adjustments will be made to all convertible securities. The total number of authorized shares will decrease to 13,888,888. Shareholders' percentage ownership and rights remain largely unchanged, with Computershare managing the exchange process.
Assure Holdings, a provider of intraoperative neuromonitoring (IONM) and remote neurology services, announced it received a delinquency notice from Nasdaq for late submission of its quarterly report (Form 10-Q) for the period ending March 31, 2024. This non-compliance with Nasdaq Listing Rule 5250(c)(1) will be considered by the Nasdaq Hearings Panel as an additional deficiency under Listing Rule 5810(d) regarding Assure's continued listing on the Nasdaq Capital Market. The notice does not immediately impact the listing or trading of Assure's stock (NASDAQ: IONM). Assure Holdings has until May 28, 2024, to respond to the Panel in writing and is working diligently to complete and file the 10-Q.
Assure Holdings Corp. (NASDAQ: IONM), a provider of intraoperative neuromonitoring and remote neurology services, has announced a rescheduling of its joint corporate update call with Danam. Initially planned for an earlier date, the call will now take place on Wednesday, May 22, 2024, at 4:00 PM Eastern Time. The event will be accessible via toll-free and international phone numbers as well as through a webcast link. A replay of the call will also be available with the provided access codes.
Assure Holdings Corp. (NASDAQ: IONM) announced that it will remain listed on the Nasdaq Capital Market following a decision by the Nasdaq Listing Qualifications Panel. The company received an extension until July 22, 2024, to comply with all applicable initial listing requirements. This extension is tied to the completion of its previously announced transaction with Danam Health Inc. Assure specializes in providing intraoperative neuromonitoring and remote neurology services.
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