UniDoc Announces Debt Settlement and Renews Marketing Engagement
UniDoc Health Corp. (CSE:UDOC, FRA:L7T, OTCQB:UDOCF) announced plans to settle $93,240 in debt by issuing approximately 266,400 common shares at $0.35 per share. This Debt Settlement aims to conserve cash and improve financials by reducing liabilities. The settlement, involving a company controlled by a UniDoc director, is a 'related party transaction' under MI 61-101 but is exempt from formal valuation and minority shareholder approval requirements. The shares will have a four-month hold period.
Additionally, UniDoc has extended its engagement with Rumble Strip Media Inc. for social media, marketing, and consulting services for three more months starting April 4, 2025, at a cost of $500,000. This renewal aligns with UniDoc's financial resources and operational levels, supported by $3.7 million from private placements and $9.7 million from convertible securities since incorporation. The company believes Rumble's services are important for maintaining stock liquidity and investor awareness.
UniDoc Health Corp. (CSE:UDOC, FRA:L7T, OTCQB:UDOCF) ha annunciato piani per saldare un debito di $93,240 emettendo circa 266,400 azioni ordinarie a $0.35 per azione. Questo Accordo di Saldamento del Debito mira a conservare liquidità e migliorare la situazione finanziaria riducendo le passività. L'accordo, che coinvolge una società controllata da un direttore di UniDoc, è considerato una 'transazione con parti correlate' secondo MI 61-101, ma è esente da requisiti di valutazione formale e approvazione da parte degli azionisti di minoranza. Le azioni avranno un periodo di blocco di quattro mesi.
Inoltre, UniDoc ha esteso il suo impegno con Rumble Strip Media Inc. per servizi di social media, marketing e consulenza per altri tre mesi a partire dal 4 aprile 2025, a un costo di $500,000. Questo rinnovo è in linea con le risorse finanziarie e i livelli operativi di UniDoc, supportato da $3.7 milioni da collocamenti privati e $9.7 milioni da titoli convertibili dalla sua costituzione. L'azienda ritiene che i servizi di Rumble siano importanti per mantenere la liquidità delle azioni e la consapevolezza degli investitori.
UniDoc Health Corp. (CSE:UDOC, FRA:L7T, OTCQB:UDOCF) anunció planes para saldar una deuda de $93,240 emitiendo aproximadamente 266,400 acciones ordinarias a $0.35 por acción. Este Acuerdo de Saldado de Deuda tiene como objetivo conservar efectivo y mejorar las finanzas al reducir las obligaciones. El acuerdo, que involucra a una empresa controlada por un director de UniDoc, se considera una 'transacción con partes relacionadas' bajo MI 61-101, pero está exento de requisitos de valoración formal y aprobación de accionistas minoritarios. Las acciones tendrán un período de retención de cuatro meses.
Además, UniDoc ha extendido su compromiso con Rumble Strip Media Inc. para servicios de redes sociales, marketing y consultoría por tres meses más a partir del 4 de abril de 2025, a un costo de $500,000. Esta renovación se alinea con los recursos financieros y los niveles operativos de UniDoc, respaldada por $3.7 millones de colocaciones privadas y $9.7 millones de valores convertibles desde su incorporación. La empresa considera que los servicios de Rumble son importantes para mantener la liquidez de las acciones y la conciencia de los inversores.
UniDoc Health Corp. (CSE:UDOC, FRA:L7T, OTCQB:UDOCF)는 93,240달러의 부채를 상환하기 위해 약 266,400주의 보통주를 주당 0.35달러에 발행할 계획을 발표했습니다. 이 부채 상환 계약은 현금을 보존하고 부채를 줄여 재무 상태를 개선하는 것을 목표로 합니다. 이 계약은 UniDoc 이사가 관리하는 회사와 관련이 있으며, MI 61-101에 따라 '관련 당사자 거래'로 간주되지만 공식 평가 및 소수 주주 승인 요구 사항에서 면제됩니다. 주식은 4개월의 보유 기간이 있습니다.
또한, UniDoc는 Rumble Strip Media Inc.와의 소셜 미디어, 마케팅 및 컨설팅 서비스 계약을 2025년 4월 4일부터 3개월 더 연장했으며, 비용은 500,000달러입니다. 이 갱신은 UniDoc의 재정 자원 및 운영 수준에 부합하며, 설립 이후 370만 달러의 사모 배치와 970만 달러의 전환 가능한 증권으로 지원받고 있습니다. 회사는 Rumble의 서비스가 주식 유동성과 투자자 인식을 유지하는 데 중요하다고 생각합니다.
UniDoc Health Corp. (CSE:UDOC, FRA:L7T, OTCQB:UDOCF) a annoncé des plans pour régler une dette de 93 240 $ en émettant environ 266 400 actions ordinaires à 0,35 $ par action. Ce Règlement de Dette vise à conserver des liquidités et à améliorer la situation financière en réduisant les passifs. Le règlement, impliquant une société contrôlée par un directeur de UniDoc, est une 'transaction entre parties liées' selon MI 61-101, mais est exempté des exigences d'évaluation formelle et d'approbation des actionnaires minoritaires. Les actions auront une période de blocage de quatre mois.
De plus, UniDoc a prolongé son engagement avec Rumble Strip Media Inc. pour des services de médias sociaux, de marketing et de conseil pour trois mois supplémentaires à partir du 4 avril 2025, pour un coût de 500 000 $. Ce renouvellement est en adéquation avec les ressources financières et les niveaux opérationnels de UniDoc, soutenu par 3,7 millions de dollars provenant de placements privés et 9,7 millions de dollars provenant de titres convertibles depuis sa création. L'entreprise estime que les services de Rumble sont importants pour maintenir la liquidité des actions et la sensibilisation des investisseurs.
UniDoc Health Corp. (CSE:UDOC, FRA:L7T, OTCQB:UDOCF) gab bekannt, dass sie plant, eine Schuldenhöhe von 93.240 USD durch die Ausgabe von etwa 266.400 Stammaktien zu einem Preis von 0,35 USD pro Aktie zu begleichen. Diese Schuldenbereinigung zielt darauf ab, Bargeld zu sparen und die Finanzen durch die Reduzierung von Verbindlichkeiten zu verbessern. Die Vereinbarung, die eine von einem UniDoc-Direktor kontrollierte Gesellschaft betrifft, gilt als 'Transaktion mit nahestehenden Personen' gemäß MI 61-101, ist jedoch von den Anforderungen an eine formelle Bewertung und der Genehmigung durch Minderheitsaktionäre befreit. Die Aktien unterliegen einer viermonatigen Haltefrist.
Darüber hinaus hat UniDoc ihr Engagement mit Rumble Strip Media Inc. für soziale Medien, Marketing und Beratungsdienste um drei weitere Monate ab dem 4. April 2025 verlängert, zu Kosten von 500.000 USD. Diese Verlängerung steht im Einklang mit den finanziellen Ressourcen und operativen Niveaus von UniDoc, unterstützt durch 3,7 Millionen USD aus privaten Platzierungen und 9,7 Millionen USD aus wandelbaren Wertpapieren seit der Gründung. Das Unternehmen ist der Meinung, dass die Dienstleistungen von Rumble wichtig sind, um die Liquidität der Aktien und das Bewusstsein der Investoren aufrechtzuerhalten.
- Debt Settlement conserves cash and reduces liabilities.
- Engagement with Rumble Strip Media Inc. aids in maintaining stock liquidity and investor awareness.
- Issuing 266,400 new shares may dilute existing shareholders.
VANCOUVER, BC / ACCESS Newswire / April 3, 2025 / UniDoc Health Corp. (CSE:UDOC)(FRA:L7T)(OTCQB:UDOCF) ("UniDoc" or the "Company") announces that it intends to settle
The Company intends to complete the debt settlement to preserve the Company's cash for working capital and improve its financial position by reducing its existing liabilities. The Debt Settlement is expected to close shortly, subject to customary closing conditions, including, but not limited to, finalizing all contractual documentation and receipt of all applicable regulatory approvals, as applicable, including compliance with the policies of the Canadian Securities Exchange (the "CSE").
The Debt Settlement shares will be subject to a four month hold period in accordance with applicable Canadian securities laws and the policies of the CSE.
As the Debt Settlement shares will be issued to a company controlled by a director of the Company, the Debt Settlement will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Debt Settlement is exempt from the formal valuation requirements and minority shareholder approval requirements of MI 61-101 pursuant to Section 5.5(a) and Section 5.7(1)(a) as the value of the common shares issued in the Debt Settlement will not exceed
Further to the Company's news release of November 20, 2024, the Company is also pleased to announce it has exercised its option to extend its engagement with Rumble Strip Media Inc. ("Rumble") to provide certain social media, marketing, and consulting services to UniDoc (the "Services") for an additional period of three months beginning on April 4, 2025. The Services may include investor relations activities within the meaning of applicable securities laws and the policies of the CSE. In consideration for the extension, the Company has agreed to pay Rumble US
In accordance with Policy 7.2 of the CSE, the Company believes that the renewed engagement of Rumble is consistent with its financial resources and level of operations. Specifically, the Company has raised a total of approximately
On Behalf of the Board of Directors,
~Antonio Baldassarre~
Antonio Baldassarre
CEO, President & Director
UniDoc Health Corp.
About UniDoc Health Corp. (CSE:UDOC)(FRA:L7T)(OTCQB:UDOCF)
UniDoc is developing an eHealth solution which is being designed as a self-contained remote virtual clinic within a private kiosk for patients to undergo full consultations as if they were present in a physician's office. eHealth opens the doors to a large segment of the population challenged by access, experience or understanding of online computer technology. It is the Company's belief that physical accessibility is the key to its business proposition. UniDoc is dedicated to unlocking shareholder value by delivering an excellent product and sophisticated commercial network within an expedited timeframe. The UniDoc team encourages engagement, questions, and interest, so please stay in touch and invite anyone who might be interested in our story to visit our website at www.unidoctor.com and signup to receive the latest information with updates on our activities, events and progress.
For further information, please contact:
UniDoc Investor Relations
Tel: +1 778.383.6731
Email: info@unidoctor.com
Matt Chatterton, Director
Tel: +1 778.613.2082
Email: matt@unidoctor.com
Media Inquiries media@unidoctor.com
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to the terms of the Debt Settlement. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipates", "anticipated" "expected" "intends" "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: UniDoc Health Corp.
View the original press release on ACCESS Newswire
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