The latest update is out from WELL Health Technologies Corp ( (TSE:WELL) ).
WELL Health Technologies Corp. announced that the British Columbia Securities Commission has granted a management cease trade order (MCTO) due to a delay in filing its annual information form and financial statements for the year ended December 31, 2024. The MCTO restricts the CEO and CFO from trading company securities until the filings are completed, though it does not affect non-insider shareholders. WELL is committed to completing the filings promptly and will provide bi-weekly updates as per regulatory guidelines. This development highlights the company’s ongoing efforts to address the delay and ensure compliance with financial reporting obligations.
More about WELL Health Technologies Corp
WELL Health Technologies Corp. is a digital healthcare company that focuses on leveraging technology to empower healthcare practitioners and improve health outcomes globally. The company offers a comprehensive healthcare and digital platform that includes front and back-office management software applications, supporting over 41,000 healthcare providers in the US and Canada. WELL operates the largest owned and operated healthcare ecosystem in Canada with over 200 clinics, and its solutions are tailored to specialized markets such as gastrointestinal, women’s health, primary care, and mental health in the United States.
YTD Price Performance: -41.36%
Average Trading Volume: 920,010
Technical Sentiment Signal: Buy
Current Market Cap: C$1.04B
Learn more about WELL stock on TipRanks’ Stock Analysis page.