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EvokAI Creative Labs Inc. (OKAIF) is a leading MedTech AI-powered company dedicated to developing innovative technologies for the healthcare sector. Recently, the company announced the commencement of the CE Mark certification process for its groundbreaking technology, the "MDM Flex Sensor", designed to transform the management of Parkinson's disease and related movement disorders.
The company's collaboration with VTT Technical Research Centre of Finland underscores its commitment to excellence and innovation. The MDM Flex Sensor is set to bring substantial improvements to the Movement Disorder Monitor ("MDM"), offering unparalleled accuracy in monitoring and analyzing subtle movements, empowering healthcare professionals with early diagnosis and tailored treatment strategies.
Moreover, EvokAI has received CE Mark approval for the MDM Flex Sensor, a significant milestone that paves the way for further advancements in movement disorder monitoring. The integration of this state-of-the-art micro sensor into the MDM is poised to revolutionize patient care and significantly improve their quality of life.
EvokAI Creative Labs has announced the completion of its previously disclosed 10:1 share consolidation, effective February 05, 2025. Following the consolidation, the company will have approximately 7,605,493 common shares outstanding.
The consolidation will be implemented under new CUSIP (30053J200) and ISIN (CA30053J2002) numbers. Shareholders holding uncertificated shares will have their accounts automatically adjusted by Endeavor Trust or their respective brokers. Registered shareholders with physical certificates will receive instructions for surrendering their current certificates for post-consolidation replacements.
The company expects this consolidation to potentially increase financial community interest, broaden its investor base, improve trading liquidity, and reduce shareholder transaction costs.
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