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Novo Integrated Sciences has received approval to uplist to The Nasdaq Capital Market, with trading commencing under the unchanged symbol 'NVOS' on February 23, 2021. CEO Robert Mattacchione highlighted this uplisting as a significant milestone, promising greater visibility and liquidity for the company. Novo Integrated Sciences aims to expand its multi-dimensional primary care services through its Canadian subsidiary, Novo Healthnet Limited, which caters to various demographics including pediatric, adult, and geriatric populations.
Novo Integrated Sciences, Inc. (OTCQB:NVOSD, NVOS) has appointed Mr. James Asher as President of its Canadian subsidiary, Novo Healthnet Limited (NHL), succeeding Dr. Pierre Dalcourt. Asher brings over 20 years of experience in healthcare, focusing on patient care and wellness. This leadership change aligns with the company's strategy to enhance its service and product offerings while implementing medical technology and rehabilitative sciences. Currently, NHL operates 16 clinics and partners with 103 affiliates, serving diverse patient demographics across Canada.
Novo Integrated Sciences, Inc. (OTCQB:NVOS, NVOSD) has executed a 1-for-10 reverse stock split effective February 1, 2021, to facilitate an application for uplisting to The Nasdaq Capital Market. Post-split, shares will trade under NVOSD for 20 business days before reverting to NVOS. Each 10 shares will convert to one new share, with fractional shares rounded up. The reverse split aims to meet Nasdaq's stock price requirements, but approval is not guaranteed. The company primarily generates revenue through its Canadian subsidiary, Novo Healthnet Limited, providing multi-dimensional healthcare services.
