NAPLES, Fla., March 04, 2019 (GLOBE NEWSWIRE) -- HealthLynked Corp. ("HealthLynked" or the "Company") (HLYK), is pleased to announce that the Company has filed an application to have its shares of common stock listed on the NASDAQ Capital Market.
The Company's NASDAQ Capital Market listing application is subject to review and approval by NASDAQ's Listing Qualifications Department to ensure compliance with and the satisfaction of all applicable listing and regulatory requirements of NASDAQ Capital Market standards, including the share-price requirements, which the Company does not meet at this time.
The Company plans to continue its aggressive acquisition strategy to grow its healthcare services and significantly expand its network of providers and members over the next twelve to eighteen months, in anticipation of uplisting to NASDAQ with the expectation to have achieved all requirements prior to uplisting.
"Elevating the listing of our common stock to the NASDAQ Capital Market will provide us with access to a larger pool of capital at a higher valuation, which is an important step forward in our mission to enhance shareholder value while complementing the operational progress we have made over the past two years in growing the HealthLynked network and meeting the expectations of our shareholders. As Healthlynked continues to expand its US market, the NASDAQ listing is expected to increase the trading liquidity of our common stock, broaden our shareholder base and raise our profile in the investment community," said Michael Dent M.D., HealthLynked’s CEO and Chairman of the Board.
The Company's common stock will continue to trade on the OTCQB under its current symbol, HLYK, during the NASDAQ review process and while the Company prepares to meet all the requirements for uplisting to NASDAQ.
About HealthLynked Corp.
HealthLynked Corp. provides a solution for both patient members and providers to improve healthcare through the efficient exchange of medical information. The HealthLynked Network is a cloud-based platform that allows members to connect with their healthcare providers and take more control of their healthcare. Members enter their medical information, including medications, allergies, past surgeries and personal health records, in one convenient online and secure location, free of charge.
Participating healthcare providers can connect with their current and future patients through the system. Other benefits to providers include the ability to utilize the HealthLynked marketing tools to connect with their active and inactive patients to improve patient retention, access more accurate and current patient information, provide more efficient online scheduling and to fill last minute cancelations using our “real time appointment scheduling” all within our mobile application. Healthcare providers pay a monthly fee to access these HealthLynked services.
For additional information about HealthLynked Corp. visit www.healthlynked.com and connect with HealthLynked on Twitter, Facebook, and LinkedIn.
Forward Looking Statements
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, including as a result of any acquisitions, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by our management, and us are inherently uncertain. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Certain risks and uncertainties applicable to our operations and us are described in the “Risk Factors” section of our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q and in other reports we have filed with the U.S. Securities and Exchange Commission. These reports are available at www.sec.gov.
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