Reliq Health Technologies, Inc. Announces Delay in Filing Annual Audited Financials
October 31 2022 - 8:30AM
Reliq Health Technologies Inc. (TSXV:RHT or
OTCQB:RQHTF) (“
Reliq” or the
“
Company”), a rapidly growing global healthcare
technology company that specializes in developing innovative
Virtual Care solutions for the multi-billion dollar Healthcare
market, today announced that there will be a brief delay by the
Company in the filing of its annual audited consolidated financial
statements (“Financial Statements”) and management’s discussion and
analysis (“MD&A”) for the fiscal year ended June 30, 2022, and
related officer certifications (collectively the “Required
Documents”). The Company’s Board of Directors and management
confirm that they and the Company’s auditors are working diligently
to complete the final steps in the audit process and minimize the
filing delay as much as possible. The Company confirms that there
is no other material information concerning the affairs of the
Company that has not been publicly disclosed.
As a result of this delay the Company is
postponing the shareholder update webinar originally planned for
6:30am PDT / 9:30am EDT today and will reschedule as soon as the
Required Documents are filed.
“The Company’s business has evolved and grown
considerably since our FY 2021 audit, and as a result the audit
process has been more complex and time-consuming than either Reliq
or our auditors had originally anticipated,” said Dr. Lisa
Crossley, CEO of Reliq Health Technologies, Inc. “As a result, we
are still working on completing the final steps in the audit
process but expect to file the Required Documents very shortly. We
thank our shareholders for their patience and look forward to
reviewing the audited financials and providing a corporate update
via webinar as soon as the audit is completed, and the financials
are filed.”
About Reliq HealthReliq Health Technologies is
a rapidly growing global healthcare technology company that
specializes in developing innovative Virtual Care solutions for the
multi-billion dollar Healthcare market. Reliq’s powerful iUGO Care
platform supports care coordination and community-based virtual
healthcare. iUGO Care allows complex patients to receive high
quality care at home, improving health outcomes, enhancing quality
of life for patients and families and reducing the cost of care
delivery. iUGO Care provides real-time access to remote patient
monitoring data, allowing for timely interventions by the care team
to prevent costly hospital readmissions and ER visits. Reliq Health
Technologies trades on the TSX Venture under the symbol RHT, on the
OTC as RQHTF and on the Frankfurt Stock Exchange under the WKN:
A2AJTB.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
For further information please contact:
Company ContactInvestor Relations at
ir@reliqhealth.com
US Investor Relations ContactLytham Partners,
LLCBen ShamsianNew York |
Phoenix646-829-9701shamsian@lythampartners.com
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.
Cautionary Statements Regarding Forward
Looking Information
Certain statements in this press release
constitute forward-looking statements, within the meaning of
applicable securities laws. All statements that are not historical
facts, including without limitation, statements regarding future
estimates, plans, programs, forecasts, projections, objectives,
assumptions, expectations or beliefs of future performance, are
"forward-looking statements".
We caution you that such "forward-looking
statements" involve known and unknown risks and uncertainties that
could cause actual and future events to differ materially from
those anticipated in such statements.
Forward-looking statements include, but are not
limited to, statements with respect to commercial operations,
including technology development, anticipated revenues, projected
size of market, and other information that is based on forecasts of
future results, estimates of amounts not yet determinable and
assumptions of management.
Reliq Health Technologies Inc. (the
"Company") does not intend and does not assume any
obligation, to update these forward-looking statements except as
required by law. These forward-looking statements involve risks and
uncertainties relating to, among other things, technology
development and marketing activities, the Company's historical
experience with technology development, uninsured risks. Actual
results may differ materially from those expressed or implied by
such forward-looking statements.
SOURCE: Reliq Health Technologies Inc.
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