15:55:36 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Reliq Health Technologies Inc
Symbol RHT
Shares Issued 220,155,929
Close 2024-01-08 C$ 0.205
Market Cap C$ 45,131,965
Recent Sedar Documents

Reliq Health has no material changes

2024-01-09 09:11 ET - News Release

Mr. Chris Shields reports

RELIQ HEALTH TECHNOLOGIES, INC. PROVIDES UPDATE ON STATUS OF MANAGEMENT CEASE TRADE ORDER

Reliq Health Technologies Inc. has provided an update on the status of a management cease trade order (MCTO) granted on Oct. 31, 2023, by the British Columbia Securities Commission under National Policy 12-203 -- Management Cease Trade Order. On Oct. 31, 2023, the company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements, and accompanying management's discussion and analysis for the fiscal year ended June 30, 2023 (the annual filings), beyond the period prescribed under applicable Canadian securities laws. Subsequently, there has been a delay in the filing of the company's interim financial statements for the period ended Sept. 30, 2023 (the interim filings), that were due for filing on Nov. 29, 2023.

"The company is working to provide its auditors with all requested documentation, while also safeguarding its clients' confidential patient health information, in compliance with the U.S. Health Insurance Portability and Accountability Act (HIPAA)," said Chris Shields, interim chief executive officer of the company. "We are working diligently to conclude the audit as soon as possible and will continue to provide regular updates on our progress."

During the MCTO, the general investing public will continue to be able to trade in the company's listed common shares. However, the company's chief executive officer and chief financial officer will not be able to trade in the company's shares.

Other than as disclosed in this news release, there are no material changes to the information contained in the default announcement. The company confirms that it intends to satisfy the provisions of NP 12-203 and will continue to issue biweekly default status reports for so long as it remains in default of the annual filings and interim filings requirement. The company expects to file its annual filings on or before Jan. 12, 2024, and expects to file its interim filings within five business days after the annual filings are completed. Further updates on timing will be provided by the company as necessary.

Reliq Health Technologies Inc.

Reliq Health Technologies is a rapidly growing global health care technology company that specializes in developing innovative virtual care solutions for the multibillion-dollar health care market. Reliq's powerful iUGO Care platform supports care co-ordination and community-based virtual health care. iUGO Care allows complex patients to receive high-quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER (emergency room) visits.

We seek Safe Harbor.

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