Skylight Health Applies To List On The Nasdaq

Skylight Health Group (TSXV: SHG) is the latest firm to set its sights on the Nasdaq. The company this morning announced that it has submitted an application to list its shares on the US big board exchange.

The company this morning outlined a number or reasons as for why it is seeking a US listing, which primarily come down to increased exposure. The company is looking to expand its institutional and retail investor base, while improving the visibility of its equity – which the big board exchange is known for thanks to the rising prominence of discount brokerages.

Through the listing the company also is looking to drive growth through M&A, while also improving the liquidity of its common shares. Overall, the company appears to see it as the easiest path to improving shareholder value.

The listing remains subject to approval. The company has indicated that it intends to remain listed on the Venture Exchange within Canada, even if the big board listing is approved.

Skylight Health Group last traded at $1.38 on the TSX Venture.


Information for this briefing was found via Sedar and Skylight Health Group. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

Antimony Resources Drills 5.27% Sb Over 4.95 Metres In Latest Results

Nord Precious Metals Identifies 29 Veins At Castle East Following 3D Modeling

Related News

Skylight Health Files $100.0 Million Base Shelf Prospectus

Skylight Health (TSXV: SHG) is apparently looking to raise funds in the not so distant...

Friday, April 23, 2021, 07:53:32 AM

Skylight Health To Raise $12 Million Via Bought Deal Financing

Skylight Health Group (CSE: SHG) has announced a bought deal private placement as of this...

Friday, December 11, 2020, 08:30:20 AM

Skylight Health Announces $14.3 Million Acquisition Of Primary And Urgent Care Group

Skylight Health Group (TSXV: SHG) is starting the year off on a strong foot with...

Thursday, January 7, 2021, 07:42:42 AM

Skylight Health Records Q1 Revenues Of $5.2 Million, Net Loss Of $2.3 Million

Skylight Health Group Inc. (TSXV: SHG) last night released its financial results for Q1 2021,...

Tuesday, June 1, 2021, 07:38:18 AM

Skylight Health Sees All Assets Foreclosed On

The end of the line has finally come for Skylight Health (TSXV: SLHG), who announced...

Thursday, July 20, 2023, 08:46:06 AM