An update from WELL Health Technologies Corp ( (TSE:WELL) ) is now available.
WELL Health Technologies Corp has announced a delay in filing its audited annual consolidated financial statements for the year ended December 31, 2024, due to accounting issues related to its US subsidiary, Circle Medical Technologies, Inc. The delay is linked to an investigation by the US Attorney’s Office into Circle Medical’s billing practices. Despite the delay, WELL Health does not anticipate a material impact on its cash position or resources and expects to file the necessary documents by April 15, 2025. The company is also exploring strategic alternatives for Circle Medical.
More about WELL Health Technologies Corp
WELL Health Technologies Corp is a digital healthcare company that focuses on improving health outcomes by utilizing technology to empower healthcare practitioners and their patients globally.
YTD Price Performance: -28.47%
Average Trading Volume: 809,223
Technical Sentiment Signal: Sell
Current Market Cap: C$1.27B
For a thorough assessment of WELL stock, go to TipRanks’ Stock Analysis page.