Mr. Dan Matlow reports

VITALHUB CORP. ANNOUNCES $35.0 MILLION BOUGHT DEAL PUBLIC OFFERING

Vitalhub Corp. has entered into an agreement with Cormark Securities Inc., acting as lead underwriter on behalf of a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase 5,834,000 common shares from the treasury of the company at a price of $6 per common share for total gross proceeds of approximately $35-million.

In addition, the company has granted the underwriters an option to purchase up to an additional 875,000 common shares on the same terms, exercisable at any time up to 30 days following the closing of the offering, for market stabilization purposes and to cover overallotments, if any.

The net proceeds of the offering shall be used for growth initiatives, including future acquisitions, working capital and general corporate purposes.

The closing of the offering is expected to occur on or about April 9, 2024, and is subject to regulatory approval, including that of the Toronto Stock Exchange.

The common shares to be issued under the offering will be offered by way of a short form prospectus to be filed in each province of Canada, except Quebec, and may be offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws, and certain other jurisdictions outside of Canada and the United States.

About Vitalhub Corp.

Vitalhub provides technology to health and human service providers, including hospitals and regional health authorities. Vitalhub solutions span the categories of electronic health record, case management, care co-ordination and optimization, and patient flow and operational visibility solutions.

The company has a robust two-pronged growth strategy, targeting organic growth opportunities within its product suite and pursuing an aggressive merger-and-acquisition plan. Currently, Vitalhub serves more than 1,000 clients across Canada, the United States, the United Kingdom, Australia, the Middle East and Europe.

Vitalhub is based in Toronto, Canada, with an offshore development hub in Sri Lanka. The Vitalhub team comprises more than 400 team members globally.

We seek Safe Harbor.