Assure Announces Voluntary Delisting from TSX Venture Exchange
DENVER, January 21, 2022 (GLOBE NEWSWIRE) -- Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM; TSXV: IOM), a provider of intraoperative neuromonitoring services (“IONM”), announces that it has applied to voluntarily delist its common shares (the “Common Shares”) from the TSX Venture Exchange (the “TSXV”). Accordingly, it is anticipated that, effective as at the close of markets on February 7, 2022, the Common Shares will no longer be traded on the TSXV and will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “IONM”. Upon completion of the delisting, Canadian shareholders will be able to continue to trade their Common Shares on the Nasdaq.
John A. Farlinger, executive chairman and CEO said, “Assure’s listing on the Nasdaq exchange, which we achieved in September 2021, was a longstanding Company objective. Nasdaq represents the substantial majority of Assure’s trading volume, and our stock ownership is overwhelmingly U.S.-based. Therefore, the Company believes that the relatively low trading volume of the Common Shares on the TSXV no longer justifies the expenses and administrative efforts associated with maintaining a dual listing. The Company looks forward to providing its shareholders with continued liquidity and growth as it continues to work toward its business objectives in 2022 and beyond.”
Most brokers in Canada, including discount and online brokers, have the ability to buy and sell securities listed on Nasdaq. Therefore, the Company’s Nasdaq listing will continue to provide shareholders with the same accessibility to trade the Common Shares. Shareholders holding Common Shares in Canadian brokerage accounts should contact their brokers to confirm how to trade the Company’s shares on the Nasdaq.
About Assure Holdings
Assure 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.
