Assure Holdings Corp. (Assure) has announced a Special Meeting of Stockholders to be held at the Las Vegas Marriott Laughlin Conference Center on April 30, 2024. The primary agenda is to vote on the amendment of the Company's Articles of Incorporation to increase the authorized shares from 9,000,000 to 250,000,000. This move, unanimously recommended by the Board, aims to provide flexibility for settling obligations under outstanding convertible notes and debentures, retaining officers and employees through stock awards, and facilitating future equity financings. The Board has set April 11, 2024, as the record date, and only stockholders of record will be entitled to vote. The Board also proposes an adjournment of the meeting, if necessary, to solicit additional proxies if there are insufficient votes for the...Show More

Assure Holdings Corp. (Assure) has announced a Special Meeting of Stockholders to be held at the Las Vegas Marriott Laughlin Conference Center on April 30, 2024. The primary agenda is to vote on the amendment of the Company's Articles of Incorporation to increase the authorized shares from 9,000,000 to 250,000,000. This move, unanimously recommended by the Board, aims to provide flexibility for settling obligations under outstanding convertible notes and debentures, retaining officers and employees through stock awards, and facilitating future equity financings. The Board has set April 11, 2024, as the record date, and only stockholders of record will be entitled to vote. The Board also proposes an adjournment of the meeting, if necessary, to solicit additional proxies if there are insufficient votes for the share increase. The meeting materials, including the Proxy Statement and Proxy Card, are available at proxyvote.com and assureneuromonitoring.com. The Company has also entered into a Merger Agreement with Danam Health, Inc., which, upon stockholder approval, will result in Danam surviving as a wholly-owned subsidiary of Assure. The merger is expected to significantly dilute current stockholders' ownership but is seen as crucial for the Company's long-term financial viability.