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ASSURE HLDGS CORP - IONM STOCK NEWS

Welcome to our dedicated page for ASSURE HLDGS news (Ticker: IONM), a resource for investors and traders seeking the latest updates and insights on ASSURE HLDGS stock.

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.

Rhea-AI Summary

Assure Holdings, a provider of intraoperative neuromonitoring and remote neurology services, announced the approval of an amendment to increase its authorized shares of common stock from 9 million to 250 million. Shareholders approved this proposal at the adjourned Special Shareholder Meeting on May 14, 2024. The company plans to promptly amend its Articles of Incorporation to reflect this change. CEO John Farlinger expressed gratitude for the shareholders' support, highlighting the increased flexibility for capital raising and strategic execution.

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Assure Holdings, a provider of intraoperative neuromonitoring (IONM) and remote neurology services, announced the postponement of its joint corporate update call with Danam. Originally scheduled for May 16, 2024, at 4 p.m. Eastern Time, the call will be rescheduled to a later date. The company did not provide specific reasons for the delay or the new date for the call.

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Assure Holdings Corp. (NASDAQ: IONM) will host a joint corporate update call with Danam on May 16, 2024, at 4:00 PM Eastern Time. This call will provide significant updates about the company's operations and strategies. Interested parties can join the call using the toll-free number 877-545-0523 or international number 973-528-0016 with the access code 229289. A webcast and replay will also be available for those who cannot attend the live event.

The details and replay options indicate an effort to ensure stakeholders are well-informed about current and future company developments in intraoperative neuromonitoring and remote neurology services.

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Assure Holdings Corp. is seeking approval to increase the number of authorized shares in the Company's common shares from 9,000,000 to 250,000,000. While over 95% of the received votes are in favor of the increase, more votes are needed to reach the required threshold of 50% of outstanding shares. Stockholders are urged to vote 'FOR' the proposal to avoid any delay in the completion of the increase.

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Assure Holdings Corp. (NASDAQ: IONM) announced the sale of certain assets of its IONM business to MPOWERHealth for up to $4.5 million, with $2.32 million paid at closing and a potential earnout of $2.18 million tied to case volume. The sale includes healthcare contracts, clinical equipment, and most employees, while retaining assets like accounts receivable and revenue cycle management team.
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Assure Holdings Corp. (NASDAQ: IONM) announces the sale of certain IONM assets to MPOWERHealth for up to $4.5 million, with $2.5 million paid at closing. The deal includes healthcare contracts, clinical equipment, and employees, with a potential earnout payment. The sale aims to repurpose the business and facilitate the merger with Danam Health.
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Assure Holdings Corp. to merge with Danam Health, Inc. in an all-stock transaction, creating a Nasdaq-listed company focused on pharmaceutical and healthcare services. The merger aims to advance Danam's micro health ecosystem, offering innovative solutions for patients, pharmacies, providers, and payors.
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Assure Holdings Corp. (IONM) received a notice from Nasdaq for delinquency in filing the quarterly report, causing non-compliance with Nasdaq Listing Rule 5250(c)(1). The company has 60 days to submit a plan to regain compliance, with a potential extension of 180 days. The notice has no immediate effect on the stock's listing or trading.
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Assure Holdings Corp. has received an extension from Nasdaq to regain compliance with the Equity Requirement. The Company must demonstrate compliance by filing its periodic report for the quarter ended March 31, 2024. Failure to do so may result in delisting.
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Assure Holdings Corp. initiates strategic review process to explore options for maximizing shareholder value.
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FAQ

What is the current stock price of ASSURE HLDGS (IONM)?

The current stock price of ASSURE HLDGS (IONM) is $0.0403 as of December 23, 2024.

What is the market cap of ASSURE HLDGS (IONM)?

The market cap of ASSURE HLDGS (IONM) is approximately 365.2K.

What is Assure Holdings Corp.?

Assure Holdings Corp. (NASDAQ: IONM) is a company that provides intraoperative neuromonitoring (IONM) and remote neurology services to support surgeons during invasive procedures.

What services does Assure Holdings provide?

Assure Holdings provides a turnkey suite of clinical and operational services for intraoperative neuromonitoring, including real-time monitoring of neural structures during surgeries.

In which types of surgeries does Assure Holdings offer its services?

Assure Holdings supports surgeries that place the nervous system at risk, including neurosurgery, spine, cardiovascular, orthopedic, and ear, nose, and throat surgeries.

Where is Assure Holdings based?

Assure Holdings is based in Denver, Colorado.

What recent achievements has Assure Holdings made?

Recently, Assure Holdings increased its authorized shares to 250,000,000 and is in the process of a significant transaction with Danam Health Inc.

Is Assure Holdings accredited?

Yes, Assure Holdings is accredited by The Joint Commission.

How does Assure Holdings ensure quality during surgeries?

Assure Holdings employs highly trained technologists and uses state-of-the-art monitoring equipment to provide real-time feedback to surgeons during operations.

What is the mission of Assure Holdings?

Assure Holdings' mission is to provide exceptional surgical care and a positive patient experience, with a strong patient-driven focus.

How can I find more information about Assure Holdings?

For more information, visit Assure Holdings' website at www.assureneuromonitoring.com.

What are the next steps for Assure Holdings regarding its Nasdaq listing?

Assure Holdings has until July 22, 2024, to demonstrate compliance with all applicable initial listing requirements for the Nasdaq Capital Market.

ASSURE HLDGS CORP

Nasdaq:IONM

IONM Rankings

IONM Stock Data

365.19k
2.99M
4.46%
32.33%
Medical Care Facilities
Surgical & Medical Instruments & Apparatus
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United States of America
GREENWOOD VILLAGE