NextPlat Announces Completion Of Merger And Business Combination With Progressive Care Inc.; Progressive Care Stock To Cease Trading Today, October 1, 2024
Portfolio Pulse from Benzinga Newsdesk
NextPlat Corp has completed its merger with Progressive Care Inc., making Progressive Care a wholly-owned subsidiary. As a result, Progressive Care's stock will cease trading on the OTCQB exchange as of October 1, 2024.
October 01, 2024 | 12:12 pm
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POSITIVE IMPACT
NextPlat Corp has successfully completed its merger with Progressive Care Inc., enhancing its business structure by making Progressive Care a wholly-owned subsidiary.
The merger completion is a significant corporate action for NextPlat, likely to positively impact its stock as it consolidates Progressive Care as a wholly-owned subsidiary, potentially enhancing its business operations and market position.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80