CloudMD Graduates to the OTCQX; Begins Trading Today Under “DOCRF”
December 06 2021 - 6:30AM
CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF,
Frankfurt: 6PH) (the “
Company” or
“
CloudMD”), a healthcare technology company
transforming the delivery of care, is pleased to announce that it
has qualified to trade on the OTCQX® Best Market.
CloudMD begins trading today on OTCQX under the symbol “DOCRF”.
U.S. investors can find current financial disclosure and Real-Time
Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market is designed for established,
investor-focused U.S. and international companies. Upgrading to the
OTCQX Market is an important step for companies seeking to provide
transparent trading for their U.S. investors. For companies listed
on a qualified international exchange, streamlined market standards
enable them to utilize their home market reporting to make their
information available in the U.S. To qualify for OTCQX, companies
must meet high financial standards, follow best practice corporate
governance, and demonstrate compliance with applicable securities
laws. Graduating to the OTCQX Market marks an important milestone
for companies, enabling them to demonstrate their qualifications
and build visibility among U.S. investors.
About CloudMD Software & Services
CloudMD is transforming the delivery of
healthcare using technology and by providing a patient-centric
approach, with an emphasis on continuity of care. By leveraging
healthcare technology, the Company is building one, connected
platform that addresses all points of a patient’s healthcare
journey and provides better access to care and improved outcomes.
Through CloudMD’s proprietary technology, the Company delivers
quality healthcare through a holistic offering including hybrid
primary care clinics, specialist care, telemedicine, mental health
support, healthcare navigation, educational resources and
artificial intelligence (AI). CloudMD’s Enterprise Health Solutions
Division includes one of the top 4 Employee Assistance Programs in
Canada and offers one comprehensive, digitally connected platform
for corporations, insurers and advisors to better manage the health
and wellness of their employees and customers.
CloudMD currently services a combined ecosystem
of over 7,000 psychiatrists, approximately 4,500 therapists and
counsellors, approximately 4,000 psychologists, over 22,000 family
physicians, over 34,000 medical specialists, over 1,500 allied
health professionals across North America. For more information
visit: https://investors.cloudmd.ca.
ON BEHALF OF THE BOARD OF DIRECTORS“Dr. Essam
Hamza, MD"Chief Executive Officer
FOR ADDITIONAL INFORMATION, CONTACT:
Julia BeckerVP, Investor
Relations julia@cloudmd.ca(604) 785-0850
Forward Looking Statements
This news release contains forward-looking
statements that are based on CloudMD’s expectations, estimates and
projections regarding its business and the economic environment in
which it operates, including with respect to its business plans.
Although CloudMD believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and
involve risks and uncertainties that are difficult to control or
predict. Therefore, actual outcomes and results may differ
materially from those expressed in these forward-looking statements
and readers should not place undue reliance on such statements.
These forward-looking statements speak only as of the date on which
they are made, and CloudMD undertakes no obligation to update them
publicly to reflect new information or the occurrence of future
events or circumstances, unless otherwise required to do so by
law.
The TSX Venture Exchange does not accept
responsibility for the adequacy or accuracy of this release.
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