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Skylight Health Announces Extension of Final Tranche of Previously Announced US$5 Million Financing
Skylight Health Announces Extension of Final Tranche of Previously Announced US$5 Million Financing
TORONTO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (TSXV:SLHG; OTCQX: SLHGF) ("Skylight Health" or the "Company"), a healthcare platform combining technology and analytics, focused on transitioning patients into value-based care to drive better health outcomes and experiences in the United States, today announces that the Company has been granted an extension by the TSX Venture Exchange (the "TSXV") to complete the final tranche of the previously announced US$5 million financing in the form of convertible debentures ("Financing") by no later than December 21, 2022.
The terms of the Financing remain unchanged from those described in the press release dated October 21, 2022, found here, and the Financing remains subject to receipt of all necessary approvals, including the approval of the TSXV.
About Skylight Health Group
Skylight Health Group (TSXV:SLHG; OTCQX: SLHGF) is a healthcare services and technology company, working to positively impact patient health outcomes. The Company operates a US multi-state primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health, and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service ("FFS") model to value-based care ("VBC") through tools including proprietary technology, data analytics and infrastructure. In an FFS model, payors (commercial and government insurers) reimburse on an encounter-based approach. This puts a focus on the volume of patients per day. In a VBC model, the providers offer care that is aimed at keeping patients healthy and minimizing unnecessary health expenditures that are not proven to maintain the patient's well-being. This places emphasis on quality over volume. VBC will lead to improved patient outcomes, reduced cost of delivery and drive stronger financial performance from existing practices.
Forward Looking Statements
This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent our current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this release. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as "look forward," "believe," "continue," "building," or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are often discussed in filings we make with the Canadian securities regulators, and Canadian Securities Administrators, available at , and on our website, at skylighthealthgroup.com.
For more information, please visit our website or contact:
Investor Relations:
Jackie Kelly
investors@skylighthealthgroup.com416-301-2949
TORONTO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (TSXV:SLHG; OTCQX: SLHGF) ("Skylight Health" or the "Company"), a healthcare platform combining technology and analytics, focused on transitioning patients into value-based care to drive better health outcomes and experiences in the United States, today announces that the Company has been granted an extension by the TSX Venture Exchange (the "TSXV") to complete the final tranche of the previously announced US$5 million financing in the form of convertible debentures ("Financing") by no later than December 21, 2022.
多伦多,2022年11月21日(环球社)--天光健康集团(多伦多证券交易所股票代码:SLHG;OTCQX:SLHGF)(“天光健康”或“公司”),一家结合技术和分析的医疗保健平台,专注于将患者过渡到基于价值的护理,以推动美国更好的健康结果和体验,今天宣布,该公司已获得多伦多证券交易所风险交易所(The TSX Venture Exchange)的延期。TSXV“)完成之前宣布的500万美元可转换债券融资的最后一批(”融资“)不迟于2022年12月21日。
The terms of the Financing remain unchanged from those described in the press release dated October 21, 2022, found here, and the Financing remains subject to receipt of all necessary approvals, including the approval of the TSXV.
融资条款与日期为2022年10月21日的新闻稿中描述的条款保持不变,可在此处找到,融资仍需获得所有必要的批准,包括TSXV的批准。
About Skylight Health Group
关于天光健康集团
Skylight Health Group (TSXV:SLHG; OTCQX: SLHGF) is a healthcare services and technology company, working to positively impact patient health outcomes. The Company operates a US multi-state primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health, and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service ("FFS") model to value-based care ("VBC") through tools including proprietary technology, data analytics and infrastructure. In an FFS model, payors (commercial and government insurers) reimburse on an encounter-based approach. This puts a focus on the volume of patients per day. In a VBC model, the providers offer care that is aimed at keeping patients healthy and minimizing unnecessary health expenditures that are not proven to maintain the patient's well-being. This places emphasis on quality over volume. VBC will lead to improved patient outcomes, reduced cost of delivery and drive stronger financial performance from existing practices.
Skylight Health Group(TSXV:SLHG;OTCQX:SLHGF)是一家医疗服务和技术公司,致力于积极影响患者的健康结果。该公司经营着美国多个州的初级保健保健网络,由物理实践组成,提供从初级保健、专科、联合保健和实验室/诊断测试在内的一系列服务。该公司专注于帮助小型和独立的业务从传统的按服务收费("FFS")从模式到基于价值的护理("VBC")通过专有技术、数据分析和基础设施等工具。在FFS模式中,付款人(商业和政府保险公司)根据相遇的方法进行报销。这将重点放在每天的病人数量上。在VBC模式中,提供者提供的护理旨在保持患者的健康,并将未经证明能够维持患者福祉的不必要的医疗支出降至最低。这把重点放在质量上,而不是数量上。VBC将改善患者的预后,降低交付成本,并从现有实践中推动更强劲的财务业绩。
Forward Looking Statements
前瞻性陈述
This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent our current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this release. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as "look forward," "believe," "continue," "building," or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are often discussed in filings we make with the Canadian securities regulators, and Canadian Securities Administrators, available at , and on our website, at skylighthealthgroup.com.
本新闻稿可能包括可能被视为适用证券法意义上的前瞻性的预测、估计或其他信息。虽然这些前瞻性陈述代表了我们目前的判断,但它们会受到风险和不确定性的影响,这些风险和不确定性可能会导致实际结果大不相同。告诫您不要过度依赖这些前瞻性陈述,这些陈述仅反映我们截至本新闻稿发布之日的观点。请记住,我们没有义务根据新信息或未来事件修改或公开发布对这些前瞻性陈述的任何修订结果。在此使用时,诸如“展望”、“相信”、“继续”、“建设”等词语或此类词语的变体和类似表达旨在识别前瞻性陈述。在我们向加拿大证券监管机构和加拿大证券管理人提交的文件中,经常讨论可能导致实际结果与我们在此作出的任何前瞻性声明中预期的结果大不相同的因素,这些文件可在我们的网站skylighthealthgroup.com上获得。
For more information, please visit our website or contact:
欲了解更多信息,请访问我们的网站或联系:
Investor Relations:
Jackie Kelly
investors@skylighthealthgroup.com416-301-2949
投资者关系:
杰基·凯利
电子邮件:Investors@skylighthealthgroup.com416-301-2949
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