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Cloud DX Inc - CDXFF STOCK NEWS

Welcome to our dedicated news page for Cloud DX (Ticker: CDXFF), a resource for investors and traders seeking the latest updates and insights on Cloud DX.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cloud DX's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cloud DX's position in the market.

Rhea-AI Summary
Cloud DX (TSXV:CDX)(OTCQB:CDXFF) received a purchase order for up to 300 Vitaliti™ Continuous Vital Sign Monitor Systems valued at approximately $770,000 CAD. The order includes a 50% deposit, with the balance paid on delivery in Q2 2024. The systems will be used in a groundbreaking multi-site academic study of post-surgical patients, and the company has announced over $2.5 million CAD in new business since January 1, 2024. The CEO stated that this deployment will move forward the state of the art in virtual care while also gathering data required for Health Canada and FDA regulatory approvals.
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Cloud DX Inc. (CDXFF) to participate in The Microcap Conference, with CEO Robert Kaul presenting. The event will take place on January 30, 31, and February 1, 2024, at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ. Interested parties can register to attend and have one-on-one meetings with the management team.
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Cloud DX (TSXV:CDX)(OTCQB:CDXFF) announces a new contract with VHA Home HealthCare, a not-for-profit provider of home care nursing, rehab, and personal support services in Ontario. The contract includes the deployment of Cloud DX Connected Health remote care monitoring (RCM) services to a significant proportion of eligible clients, with an initial term of 24 months and mutually agreed extensions thereafter. Cloud DX also reported gross margins of 77% as of September 31, 2023.
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Cloud DX (TSXV:CDX)(OTCQB:CDXFF) announces new contracts with Ontario Family Health Teams and an extension with Oak Valley Health's - Markham Stouffville Hospital. The company will present at upcoming investor conferences and a webinar to discuss milestones and outlook for 2024.
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Cloud DX (TSXV:CDX)(OTCQB:CDXFF) has signed a new contract to design a wearable device to track ECG and other vital signs. The $115,000 CAD contract includes a 4.5% royalty on gross profits for every device sold, and Cloud DX retains the right of first refusal on future statements of work. The new solution aims to reduce stress-induced impacts and improve overall wellness. Cloud DX will also be presenting at several upcoming investor events.
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Cloud DX (TSXV:CDX)(OTCQB:CDXFF) secures a new 3-year contract with Health PEI valued at $1,340,000 CAD to provide Remote Patient Monitoring services, supporting primary care, home care, and rehabilitation. This is the second contract under the Mohawk Medbuy Master Agreement, making Cloud DX the sole vendor of RPM services in 4 Provincial-level agreements.
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Cloud DX Inc. (TSXV: CDX) (OTCQB: CDXFF) closed a non-brokered private placement offering of 1,942 convertible debenture units for gross proceeds of $1,942,000. Dr. Constantine Zachos, a director of the Corporation, subscribed for 67 Debenture Units in the Offering. The Company exchanged $3,546,000 in principal amount of 18% secured convertible debentures for 3,546 convertible debenture units. Additionally, the Company granted 3,550,000 stock options and issued 526,315 restricted share units.
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Cloud DX Inc. (TSXV:CDX)(OTCQX:CDXFF) to exchange $3,546,000 of principal amount of 18% secured convertible debentures issued on September 8, 2023, with 3,546 convertible debenture units expected to be issued pursuant to an amended and restated convertible debenture indenture.
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Cloud DX (CDX) Reports 32.6% YTD Revenue Growth and Positive EBITDA Trend
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Cloud DX (TSXV:CDX)(OTCQB:CDXFF) will release its Q3-2023 financial results on November 27, 2023, followed by an Earnings Call hosted by CEO Robert Kaul. The company will discuss financial performance, recent events, financing activities, sales acceleration, and patient and provider satisfaction.
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Cloud DX Inc

OTC:CDXFF

CDXFF Rankings

CDXFF Stock Data

9.46M
57.91M
39.38%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States
Brooklyn