Assure Holdings Appoints John Price as Vice President of Finance
December 07 2020 - 8:30AM
Assure Holdings Corp. (the “
Company” or
“
Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of
intraoperative neuromonitoring services (“
IONM”),
has appointed John Price to the newly created vice president of
finance position.
Price will be a member of Assure’s leadership team contributing
to the overall management of financial, business and administrative
functions. Among his immediate responsibilities will be filing a
resale registration statement on Form S-1 and following that
positioning for a potential uplisting to a major U.S. exchange.
“We continue to build a talented and entrepreneurial management
team as Assure focuses on expanding our scale and operational
footprint, driving improved collections and uplisting to a major
U.S. exchange, and the addition of John as the vice president of
finance is an integral piece of the puzzle," said John A.
Farlinger, Assure’s executive chairman and CEO. "John has deep
financial and capital markets experience, as well as proficiency in
compliance, reporting and mergers and acquisitions. In addition,
John has directly led two separate S-1 filings. His ability to work
in a diverse set of industries along with his fundamental
operational expertise will allow him to quickly integrate with the
dynamic strategy at our Company."
On his appointment, Price commented, “I could not be more
excited to join Assure at this point in its evolution and look
forward to working with the management team in building value for
our shareholders and team members as we provide the best possible
support for the surgeons we work with and the patients we
serve.”
With an emphasis on corporate strategy, acquisitions and
integration and budgeting and forecasting, Price is also highly
skilled and experienced in capital raise and debt financing,
M&A, accounting operations, compliance, and system
implementations. Price brings over 25 years of experience in
accounting and finance across various industries to his position at
Assure. His prior positions include serving as chief financial
officer at Alliance MMA and MusclePharm and as vice president of
finance at multiple companies, such as Opera Software, GCT
Semiconductor and Tessera Technologies. Price spent the first seven
years of his career at Ernst & Young.
Price earned a Bachelor of Science in Accounting from
Pennsylvania State University.
Concurrent with his appointment, Price will receive 250,000
common stock options in accordance with the terms of the Company’s
existing stock option plan (the “Options”). The
Options are subject to the approval of the TSX Venture Exchange and
applicable hold periods.
About Assure HoldingsAssure Holdings Corp. is a
Colorado-based company that works with neurosurgeons and orthopedic
spine surgeons to provide a turnkey suite of services that support
intraoperative neuromonitoring activities during invasive
surgeries. Assure employs its own staff of technologists and uses
its own state-of-the-art monitoring equipment, handles 100% of
intraoperative neuromonitoring scheduling and setup, and bills for
all technical services provided. Assure Neuromonitoring is
recognized as providing the highest level of patient care in the
industry and has earned the Joint Commission’s Gold Seal of
Approval®. For more information, visit the company’s website
at www.assureneuromonitoring.com.
Forward-Looking StatementsThis news release may
contain “forward-looking statements” within the meaning of
applicable securities laws, including but not limited to: comments
with respect to strategies; expectations; planned operations; the
expansion of the Company’s operatonal footprint and scaling of its
business; future actions of the Company; including but not limited
to improving its collections, the filing of a registration
statement on Form S-1 and uplisting to a major U.S. exchange and
the expected effects of the appointment of Price and the TSX
Venture Exchange’s approval of the Options. Forward-looking
statements may generally be identified by the use of the words
"anticipates," "expects," "intends," "plans," "should," "could,"
"would," "may," "will," "believes," "estimates," "potential,"
"target," or "continue" and variations or similar expressions.
These statements are based upon the current expectations and
beliefs of management and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. These risks
and uncertainties include, but are not limited to, the Company’s
ability to continue to expand into other markets, the Company may
not be able to scale its business, the Company may not file a
registration statement on Form S-1, the Company may not uplist to a
major U.S. exchange, the appointment of Price may not have the
anticipated effects on the Company’s business, the TSX Venture
Exchange may not approve the grant of the Options, the uncertainty
surrounding the spread of COVID-19 and the impact it will have on
the Company’s operations and economic activity in general and the
risks and uncertainties discussed in our most recent annual and
quarterly reports filed with the Canadian securities regulators and
available on the Company’s profile on SEDAR at www.sedar.com, which
risks and uncertainties are incorporated herein by reference.
Readers are cautioned not to place undue reliance on
forward-looking statements. Except as required by law, Assure does
not intend, and undertakes no obligation, to update any
forward-looking statements to reflect, in particular, new
information or future events.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
ContactScott Kozak, Investor and Media
RelationsAssure Holdings
Corp.1-720-287-3093Scott.Kozak@assureiom.com
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