CB Scientific, Inc. (CBSC) Announces Corporate Name Change to Cardiac Biotech Solutions, Inc.

Rhea-AI Summary

Cardiac Biotech Solutions, Inc. (OTC PINK:CBSC) announced its official name change from CB Scientific, Inc., effective May 7, 2025. The company, which specializes in non-invasive cardiac monitoring products, will retain its CBSC ticker symbol and CUSIP number. The company recently received FDA clearance for its MyCardia AT event monitor and is pursuing regulatory approvals in China through the NMPA and in Canada via Your Heart Protector Corp.

The MyCardia AT cardiac event monitor features a lightweight design and integrates with the AWS Cloud-based MyCardia portal and mobile applications across iOS and Android platforms. The company is working with international distribution partners in Southeast Asia, Hong Kong, and Macau for product launch.

Positive

• FDA clearance obtained for MyCardia AT event monitor
• Expanding international market presence through distribution partnerships in Southeast Asia, Hong Kong, and Macau
• Active regulatory submission processes in China and Canada for market expansion
• Product integration with major platforms (AWS Cloud, iOS, Android) enhancing accessibility

Negative

• None.

LAS VEGAS, NV / ACCESS Newswire / May 8, 2025 / Cardiac Biotech Solutions, Inc. (OTC PINK:CBSC) ("CBSC" or the "Company"), a designer, manufacturer and distributor of non-invasive ambulatory cardiac monitoring products, announced today that the Company's name was changed to "Cardiac Biotech Solutions, Inc." effective May 7, 2025, following completion of the review of the Company's application to change its name by the Financial Industry Regulatory Authority (FINRA) and approval of the name change at the annual meeting of the Company's shareholders held on March 14, 2024. The name change will not impact the Company's current CBSC ticker symbol, nor will it affect the Company's assigned CUSIP number, the unique nine-digit identification number assigned to financial securities in the United States and Canada.

"We believe the name Cardiac Biotech Solutions more accurately reflects our core mission of advancing heart health," said Charles Martin, Chief Executive Officer of CBSC. "With FDA clearance now secured for our next-generation MyCardia AT event monitor, we are excited to move forward with a successful product launch in partnership with our established international distribution partners across Southeast Asia, Hong Kong, and Macau."

Additionally, the regulatory submission process for the MyCardia AT has resumed in collaboration with the Company's Chinese manufacturing partner, Shenzhen Pump, and representatives from the National Medical Products Administration (NMPA) in China, progressing toward market clearance. Concurrently, regulatory submission has also begun in Canada through our distribution partner, Your Heart Protector Corp., aiming to secure market approval across the Canadian healthcare landscape.

The MyCardia AT cardiac event monitor is designed to enhance the remote cardiac monitoring experience with its lightweight, easy-to-wear form factor and flexible options for transmitting event recordings. The device seamlessly integrates with the AWS Cloud-based MyCardia portal, as well as the widely adopted MyCardia mobile applications for iOS and Android. This ensures a cohesive and optimized user experience across global markets via smartphones and the MyCardia app on Apple, Google, or WeChat platforms.

As additional new developments occur, Cardiac Biotech Solutions, Inc. plans to make timely announcements through press releases and regulatory filings to keep its shareholders, industry participants, and the public markets informed.

About Cardiac Biotech Solutions, Inc.

Cardiac Biotech Solutions, Inc., through its international subsidiaries, provides innovative products and services in the ambulatory non-invasive cardiac monitoring space. Our electrocardiogram (EKG) devices, interactive cloud-based acquisition software, and smartphone apps for both iOS and Android platforms provide improved compliance for patients at risk of abnormal heart rhythms, as well as more accurate information for physicians.

Company Contact Information:

Telephone: (888) 225-0870
Investor Inquiries: investor@cardiacbiotech.com
Follow CBSC: X, Facebook, Instagram, LinkedIn, YouTube, and Newsletter

This information disclosure may contain forward-looking statements covered within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions, and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties, including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.

SOURCE: Cardiac Biotech Solutions, Inc.

View the original press release on ACCESS Newswire

FAQ

What is the new name of CB Scientific Inc. (CBSC) and when is it effective?

CB Scientific Inc. changed its name to Cardiac Biotech Solutions, Inc., effective May 7, 2025, following FINRA review and shareholder approval.

Will CBSC stock symbol change after the company name change?

No, the CBSC ticker symbol and CUSIP number will remain unchanged despite the company name change.

What is the MyCardia AT event monitor and what markets is it targeting?

MyCardia AT is an FDA-cleared cardiac event monitor that integrates with AWS Cloud and mobile apps. The company is targeting markets in Southeast Asia, Hong Kong, Macau, and pursuing approvals in China and Canada.

What regulatory approvals has CBSC received for MyCardia AT?

CBSC has received FDA clearance for MyCardia AT and is currently pursuing regulatory approvals from NMPA in China and Canadian authorities.