Comprehensive Healthcare Systems Inc. (TSXV: CHS) (OTCQB: CMHSF) announced that it has engaged E.F. Hutton & Co. LLC to provide strategic financial advisory services as the company evaluates a potential uplisting to a senior U.S. national securities exchange. The engagement includes advising on financing alternatives, capital markets strategy and preparations for a potential uplisting, subject to applicable listing requirements and market conditions.
The company said the engagement supports its previously outlined growth strategy, which includes expanding its U.S. market presence, investing in artificial intelligence initiatives, enhancing its Novus360(TM) platform and pursuing strategic acquisitions. CHS noted that all of its revenue is generated in the United States and said a potential uplisting and access to additional growth capital could support continued investment in product development, sales expansion and acquisitions, although there is no assurance that an uplisting or financing transaction will be completed.
For more information about the company, please visit https://www.comphealthcare.com/.
