UberDoc Health Technologies Corp. Engages Independent Trading Group as Market Maker

Rhea-AI Summary

UberDoc Health Technologies (ESVNF) engaged Independent Trading Group (ITG) as a market maker on the Canadian Securities Exchange effective March 19, 2026.

The agreement aims to maintain a reasonable market and improve liquidity. It is an initial one-month term, auto-renewable monthly, terminable on 30 days' notice; ITG receives no shares or options.

Positive

• Market-maker engaged with ITG to support liquidity
• Initial one-month term with automatic monthly renewals
• No equity compensation to ITG limits dilution risk

Negative

• Short initial term (one month) may limit long-term liquidity commitment
• No performance factors could reduce measurable obligations for liquidity improvement

Vancouver, British Columbia--(Newsfile Corp. - March 19, 2026) -  UberDoc Health Technologies Corp. (CSE: APPT) ("UberDoc" or "the Company"), an innovative healthcare platform empowering patients to connect with top physicians instantly, announces that it has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance with Canadian Securities Exchange ("CSE") policies. ITG will trade shares of the Company on the CSE and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares.

The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days' notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.

About Independent Trading Group

Independent Trading Group (ITG) Inc. is a Toronto based CIRO dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About UberDoc

UberDoc (CSE: APPT) is an innovative healthcare marketplace connecting patients with top physicians with no referral, no insurance barriers, and no hidden costs. With more than 5,000 specialist physicians and clinicians across 55 specialties in the U.S., UberDoc empowers patients to access care quickly and affordably while giving doctors greater control over their time, revenue, and practice growth. UberDoc is not owned by, affiliated with, or sponsored by Uber Technologies, Inc. The company is registered in Vancouver, B.C., with its U.S. operations in Boston, MA.

For more information, visit www.uber-docs.com or invest.uber-docs.com

Forward-Looking Information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. These forward-looking statements include, among other things, statements relating to the Company's business plan, growth strategy, ability to leverage public market access to expand service offerings and enhance technology infrastructure, proposed expansion into new markets, proposed listing, and timing of listing, on the OTCQB, and expected benefits of its listing on the CSE.

Forward-looking information is based on management's current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking information. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements.

Investor Relations and Media Inquiries:

Investor:

Investor@uber-docs.com

Media:

Colleen McMillen
Chief Marketing Officer
colleen@uber-docs.com
+1.917.344.9360

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289189

FAQ

What did UberDoc (ESVNF) announce on March 19, 2026 about a market maker?

They engaged Independent Trading Group to provide market-making services on the CSE and other venues. According to the company, the engagement aims to maintain a reasonable market and improve liquidity for the company's common shares.

How long is the ITG market-making agreement for UberDoc (ESVNF)?

The agreement is for an initial one-month term and renews monthly unless terminated. According to the company, either party may end the arrangement with 30 days' written notice.

Will Independent Trading Group receive shares or options from UberDoc (ESVNF)?

No—ITG will not receive shares or options as compensation. According to the company, compensation does not include equity, reducing direct dilution risk for shareholders.

Does the UberDoc (ESVNF) market-making deal include performance requirements for ITG?

No, the agreement contains no performance factors tied to liquidity or price levels. According to the company, ITG's role is to trade shares with an objective of maintaining a reasonable market.

Are ITG and UberDoc related parties in the market-making agreement for ESVNF?

No, ITG and the company are unrelated and unaffiliated at the time of the agreement. According to the company, neither ITG nor its principals hold a direct or indirect interest in the company's securities.