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Nexteligent Retains MahoneySabol as Auditor in Preparation for OTCQX Uplisting

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Nexteligent Holdings (OTC:NXGT) has appointed MahoneySabol & Company, LLP as its auditor to facilitate its forthcoming uplisting to OTCQX, the top tier of OTC Markets, which is known for its enhanced liquidity and information quality. CEO Paul Cristiano highlighted the company's commitment to building a strong brand while executing its acquisition growth strategy, supported by Corporate Finance Associates Worldwide for M&A advisory. This strategic move is aimed at delivering value to investors and improving the Nexteligent brand.

Positive
  • Engagement of MahoneySabol as auditor for OTCQX uplisting.
  • Focus on acquisition growth strategy to enhance market position.
  • Partnership with Corporate Finance Associates for M&A advisory.
Negative
  • None.

NEW YORK, July 22, 2021 /PRNewswire/ -- Nexteligent Holdings, Inc. (OTC:NXGT), a healthcare practice management company and industry aggregator, has retained MahoneySabol & Company, LLP as its auditor in advance of its planned uplisting to OTCQX, the highest market tier of OTC Markets recognized for information quality, service and enhanced liquidity.

"We are focused on building a preeminent brand and do so with a clear vision and disciplined methodology aimed at fulfilling the needs of three constituencies: our employees, clients, and shareholders," said Paul Cristiano, founder and chief executive officer, Nexteligent Holdings. 

Cristiano noted that Nexteligent is already executing on its acquisition growth strategy in concert with Corporate Finance Associates Worldwide which is providing Nexteligent with expert M&A advisory and analysis. "And now, with the hiring of MahoneySabol, we begin the significant work needed for joining OTCQX, a highly respected tier of the OTC markets which will deliver value for investors, shareholders and the Nexteligent brand," he added.

About Nexteligent

Nexteligent Holdings, Inc. (OTC:NXGT) is a professional services firm serving the healthcare industry with business process optimization and financial management solutions. As part of its growth strategy, Nexteligent acquires small-to-medium size companies that service the healthcare industry and combines them with its specialized divisions to unlock their greater potential. Nexteligent delivers revenue cycle management and financial services, durable medical equipment, preventative wellness and chronic care management, healthcare IT including telemedicine, and consulting services to hospitals, clinics, doctors, labs and skilled nursing facilities.

Forward Looking Statements

Certain statements in this release are "forward-looking" statements. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "probable," "project,"  "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "anticipate,"  "likely," "plan," "positioned," "strategy," and similar expressions, and the negative thereof, are intended to identify  forward-looking statements. These forward-looking statements, which are subject to risks, uncertainties and assumptions, may include projections of their respective future financial performance, their respective anticipated growth strategies and anticipated trends in their respective businesses. These statements are only predictions based on current expectations and projections about future events.

Cision View original content:https://www.prnewswire.com/news-releases/nexteligent-retains-mahoneysabol-as-auditor-in-preparation-for-otcqx-uplisting-301339796.html

SOURCE Nexteligent Holdings

FAQ

What is the significance of Nexteligent's uplisting to OTCQX?

Uplisting to OTCQX enhances visibility, liquidity, and credibility for Nexteligent Holdings, potentially attracting more investors.

Who was retained as Nexteligent Holdings' auditor?

Nexteligent Holdings has retained MahoneySabol & Company, LLP as its auditor.

What is Nexteligent Holdings' business focus?

Nexteligent Holdings is focused on healthcare practice management, providing financial management and optimizing business processes for the healthcare industry.

What is the date of the press release by Nexteligent Holdings?

The press release was issued on July 22, 2021.

How is Nexteligent Holdings planning to execute its growth strategy?

Nexteligent is executing its growth strategy through acquisitions of small-to-medium healthcare service companies.

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