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Assure Holdings reschedules special meeting to August 21

EditorLina Guerrero
Published 07/18/2024, 05:22 PM
IONM
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GREENWOOD VILLAGE, CO - Assure Holdings Corp. (NASDAQ:IONM), a provider of intraoperative neuromonitoring services, has announced the postponement of its special meeting of stockholders. Originally scheduled for Friday, the meeting is now set for Tuesday, August 21, 2024, at 10:00 a.m. Pacific Time. The venue remains unchanged, taking place at the Las Vegas Marriott Laughlin Conference Center.

The company has confirmed that the record date for determining stockholders eligible to vote at the meeting will remain on July 1, 2024. Stockholders who have already cast their votes do not need to take any further action unless they wish to change their vote. Those needing assistance with voting changes can reach out to Advantage Proxy, Inc.

The rescheduling does not affect the trading of Assure's common stock, which continues on the NASDAQ Capital Market under the symbol IONM.

This news comes following the company's recent filings with the SEC, including its annual report for the fiscal year ended December 31, 2023, and its definitive proxy statement for the now-rescheduled special meeting. These documents provide additional context on the company's directors, executive officers, and other potential participants in the proxy solicitation, as well as their respective interests in the matters to be voted upon.

Assure Holdings has not disclosed the specific reasons for the postponement but assures stockholders that further details are available in the definitive proxy statement, which was initially distributed on July 9, 2024. The company emphasizes that this report does not constitute an offer to sell or a solicitation of an offer to buy any securities.

In other recent news, Assure Holdings Corp. encountered a compliance issue with Nasdaq due to a delay in filing its quarterly report for the period ending March 31, 2024, leading to a noncompliance with Nasdaq Listing Rules. This matter will be reviewed by the Nasdaq Hearings Panel as an additional deficiency regarding Assure Holdings' continued listing on the Nasdaq Capital Market. The company was given a deadline to submit a written explanation for the delay.

In a turn of events, Assure Holdings was granted an extension by the Nasdaq Listing Qualifications Panel to regain compliance with the continued listing requirements. This development is particularly significant in light of Assure Holdings' forthcoming transaction with Danam Health Inc., a move that is expected to enhance its service offerings and market reach. This proposed merger, however, is subject to closing conditions, including stockholder approval.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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