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Assure Holdings Corp. - $IONM STOCK NEWS

Welcome to our dedicated page for Assure Holdings news (Ticker: $IONM), a resource for investors and traders seeking the latest updates and insights on Assure Holdings stock.

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 Assure Holdings'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 Assure Holdings's position in the market.

Rhea-AI Summary

Assure Holdings Corp. is seeking approval to increase the number of authorized shares in the Company's common shares from 9,000,000 to 250,000,000. While over 95% of the received votes are in favor of the increase, more votes are needed to reach the required threshold of 50% of outstanding shares. Stockholders are urged to vote 'FOR' the proposal to avoid any delay in the completion of the increase.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
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none
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Rhea-AI Summary
Assure Holdings Corp. (NASDAQ: IONM) announced the sale of certain assets of its IONM business to MPOWERHealth for up to $4.5 million, with $2.32 million paid at closing and a potential earnout of $2.18 million tied to case volume. The sale includes healthcare contracts, clinical equipment, and most employees, while retaining assets like accounts receivable and revenue cycle management team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.72%
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none
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Rhea-AI Summary
Assure Holdings Corp. (NASDAQ: IONM) announces the sale of certain IONM assets to MPOWERHealth for up to $4.5 million, with $2.5 million paid at closing. The deal includes healthcare contracts, clinical equipment, and employees, with a potential earnout payment. The sale aims to repurpose the business and facilitate the merger with Danam Health.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.17%
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none
Rhea-AI Summary
Assure Holdings Corp. to merge with Danam Health, Inc. in an all-stock transaction, creating a Nasdaq-listed company focused on pharmaceutical and healthcare services. The merger aims to advance Danam's micro health ecosystem, offering innovative solutions for patients, pharmacies, providers, and payors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.54%
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none
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Rhea-AI Summary
Assure Holdings Corp. (IONM) received a notice from Nasdaq for delinquency in filing the quarterly report, causing non-compliance with Nasdaq Listing Rule 5250(c)(1). The company has 60 days to submit a plan to regain compliance, with a potential extension of 180 days. The notice has no immediate effect on the stock's listing or trading.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
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none
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Rhea-AI Summary
Assure Holdings Corp. has received an extension from Nasdaq to regain compliance with the Equity Requirement. The Company must demonstrate compliance by filing its periodic report for the quarter ended March 31, 2024. Failure to do so may result in delisting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
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none
Rhea-AI Summary
Assure Holdings Corp. initiates strategic review process to explore options for maximizing shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
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none
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Rhea-AI Summary
Assure Holdings Corp. to host 1x1 meetings at H.C. Wainwright 25th Annual Global Investment Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.59%
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conferences
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Rhea-AI Summary
Assure Holdings Corp. reports Q2 2023 financial results with gross revenue of $4,006k and net revenue of $1,543k. Net loss of ($5,262k) and adjusted EBITDA of ($4,880k). CEO cites downward pressure on reimbursement from insurance payors as a challenge. Company expects to be active in M&A and aims to get closer to break-even.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-51.39%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-51.39%
Tags
Assure Holdings Corp.

Nasdaq:IONM

IONM Rankings

IONM Stock Data

4.40M
6.62M
1.21%
2.08%
3.44%
Dental Laboratories
Manufacturing
Link
United States of America
GREENWOOD VILLAGE

About IONM

assure neuromonitoring is a colorado-based company that works with neurosurgeons and orthopedic spine surgeons to provide a turnkey suite of services that support intraoperative neuromonitoring activities during invasive surgeries. assure employs its own staff of technologists and uses its own state-of-the-art monitoring equipment, handles 100% of intraoperative neuromonitoring scheduling and setup, and bills for all technical services provided. while assure focuses primarily on supporting spinal and vascular surgeries, plans are in place to support other classes of medicine that rely on the standard of care that intraoperative neuromonitoring provides. assure neuromonitoring is committed to delivering the highest quality service in the industry. our patient driven focus is at the core of our organization and is impressed upon all stakeholders. assure employs the highest quality technologists and support staff in the field, thus instilling continuity, reliability and confidence for bot