13:41:27 EDT Thu 20 Aug 2026
Enter Symbol
or Name
USA
CA



Well Health Technologies Corp
Symbol WELL
Shares Issued 255,450,987
Close 2026-08-19 C$ 4.42
Market Cap C$ 1,129,093,363
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Well Health redeems $70-million convertible debentures

2026-08-20 11:48 ET - News Release

Mr. Hamed Shahbazi reports

WELL HEALTH REDEEMS $70 MILLION 5.50% CONVERTIBLE DEBENTURES

Well Health Technologies Corp. has redeemed early all of its outstanding 5.50 per cent convertible senior unsecured debentures due Dec. 31, 2026. The debentures were redeemed by Well on Aug. 19, 2026, in accordance with the terms of the debenture trust indenture. The debentures were listed on the Toronto Stock Exchange under the symbol WELL.DB and ceased trading at the opening of trading on the redemption date and were delisted at the close of trading on the redemption date. The aggregate principal amount of the debentures outstanding was $70-million.

On the redemption date, Well paid holders of the debentures a redemption price equal to $1,007.3333 per $1,000 principal amount of debentures, in cash, representing $1,000 principal amount and $7.3333 for accrued and unpaid interest up to but excluding the redemption date. Well used cash on hand to pay the redemption price of the redeemed debentures.

Hamed Shahbazi, chairman and chief executive officer of Well, commented: "The successful closing of our inaugural $150-million senior unsecured notes offering in July gave us the capital to retire these debentures on our terms, Well ahead of maturity. This redemption reflects the continued strength of our balance sheet and reinforces our disciplined, accretive capital allocation strategy."

Formal notice of redemption was delivered to the debenture holders through the debenture trustee, Computershare Trust Company of Canada, in accordance with the trust indenture. Beneficial holders of the debentures are encouraged to contact their investment dealer if they have any questions about the redemption.

About Well Health Technologies Corp.

Well Health Technologies is Canada's largest outpatient health care company and a leading provider of technology-enabled health care solutions. Well is building the infrastructure for a healthier Canada, where every patient gets better care, every provider is empowered by AI (artificial intelligence), and every piece of health data is protected. Well owns and operates 275 clinics in Canada, supporting more than five million annual patient visits. Through its subsidiary WellStar, Well provides electronic medical records, AI-powered clinical tools, patient engagement platforms and IT management services. Well provides cybersecurity services through its CyberWell subsidiary. Well is publicly traded on the TSX under the symbol WELL and on the OTC Exchange under the symbol WHTCF.

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