Mr. Mitchell Geisler reports
LEVELJUMP HEALTHCARE CORP. ANNOUNCES QUARTERLY DIVIDEND ON PREFERRED SHARES
Leveljump Healthcare Corp. has paid its second quarterly dividend on its Class A Series 1, 8 per cent cumulative redeemable convertible non-voting preferred shares (the A-1 preferred shares).
The dividend is two cents per share and is payable to the shareholders of record of the A-1 preferred shares as of June 30, 2023. Both the Q1 and Q2 dividends have been paid.
The next quarterly dividend is expected to be three cents per share, consistent with the recently announced change in the A-1 preferred dividend rate to 12 per cent, as announced in the press release dated July 14, 2023.
The company is currently offering additional A-1 preferred shares, as announced in its press release dated July 14, 2023.
"We are excited to deliver strong returns to our investors through the A-1 preferred offering, fostering an environment of value for our shareholders, while also empowering us to accelerate the expansion of JUMP's revenues," said Mitch Geisler, chief executive officer.
Preferred shares outstanding
The company can confirm that the number of A-1 preferred shares currently outstanding is 139,000. On March 31, 2023, 25,000 preferred shares were converted into 62,500 common shares at the rate of 40 cents per common share. Due to inadvertence, this conversion was not disclosed.
About Leveljump Healthcare Corp.
Leveljump Healthcare provides telehealth solutions to client hospitals and imaging centres through its teleradiology division, as well as in person radiology services through its IHF's (Independent Healthcare Facilities). Leveljump focuses primarily on critical care for urgent and emergency patients, establishing integral relationships in the communities the company serves.
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