14:27:57 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Certive Solutions Inc
Symbol CBP
Shares Issued 169,145,135
Close 2024-02-20 C$ 0.03
Market Cap C$ 5,074,354
Recent Sedar Documents

Certive Solutions closes 9.06-million-share offering

2024-03-01 16:26 ET - News Release

Mr. Scott Thomas reports

CERTIVE ANNOUNCES OFFERING CLOSE

Certive Solutions Inc. has provided an update on its offering.

Offering close

The company is pleased to announce that effective Feb. 29, 2024, that Certive's board of directors voted to close its previously announced offering of common shares at eight U.S. cents per share. Under such offering, the company issued 9,060,316 shares of common stock for the units that have been subscribed. In addition, as an incentive for this offering, Certive will also issue 3,906,250 warrants that are exercisable at 14 U.S. cents per share into common stock with a term of 24 months. Of the shares issued, 2,291,539 were issued to the company's CFO (chief financial officer) and CEO (chief executive officer).

Scott Thomas, senior vice-president, commented: "These continued investments in Certive, led by our management team, continue to reinforce the high level of confidence that we all have in Certive and its mission. Certive has positioned itself as a leader in revenue cycle management, to assist non-profit hospitals and the communities they serve. Our expanding number of clients, the quality of those clients and the revenue that we recover for them affirm this proof of concept for our stakeholders, and shareholders."

About Certive Solutions Inc.

Certive (Scottsdale, Ariz.) is currently 100 per cent focused on the operations and value proposition of its wholly owned subsidiary, Certive Health Inc., and its subsidiaries, Certive Health Revenue Solutions and Certive Health Compliance Solutions. With identical board of directors, management, advisory council, mission and vision, Certive Solutions is strategically positioned as a public company. All advisers and board members are investors in the company, and all have significant networks. Their collective experience, expertise and relationships are the people equity, upon which the company was founded. Certive Health's vision is making the $3.7-trillion health care market better by applying its people equity and capital to create new technologies and solutions for the health care communities Certive Health serves. Certive Health's revenue cycle services assist hospitals with the complexity of the reimbursement process and improve their financial and quality performance. Certive Health's cybersecurity solutions allow health care providers to protect their networks, their data and their patients from malicious agents and aggressors.

We seek Safe Harbor.

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