LevelJump Announces Receipt of Notice of Requisition for a Meeting of Shareholders
Rhea-AI Summary
LevelJump Healthcare Corp (JMPHF) received a notice of requisition on November 3, 2025 requesting a shareholders' meeting under section 105(1) of the Business Corporations Act (Ontario).
The Requisition, submitted by Frank Teti and Franmar Properties Ltd., seeks to: (i) remove all five incumbent directors and (ii) elect five named nominees — Claude Ayache, Rob Saltsman, Jeff Stevens, Sheldon Levy, and Tasheel Jeerh. The company said it is reviewing the Requisition and will respond within the time required by the Act.
Positive
- Requisition filed under section 105(1) Ontario BCA
- Shareholders proposed five named director nominees
Negative
- Request seeks removal of all five incumbent directors
- Corporate governance uncertainty until company response under the Act
Toronto, Ontario--(Newsfile Corp. - November 7, 2025) - LevelJump Healthcare Corp. (TSXV: JUMP) ("LevelJump" or the "Company") announces that a notice of requisition of a meeting of shareholders (the "Requisition") was delivered to the registered office of the Company on November 3, 2025.
The Requisition has been made by Frank Teti and Franmar Properties Ltd. (collectively the "Concerned Shareholders") which requires that the Company call and hold a meeting of shareholders pursuant to section 105(1) of the Business Corporations Act (Ontario) (the "Act"). The purpose of the proposed meeting is to: (i) pass an ordinary resolution to remove all five (5) incumbent directors from the Board; and (ii) to elect Claude Ayache, Rob Saltsman, Jeff Stevens, Sheldon Levy, and Tasheel Jeerh as director nominees replacing the incumbent directors.
The Company is reviewing the Requisition and will respond within the time required by the Act.
About LevelJump Healthcare
LevelJump Healthcare Corp., (TSXV: JUMP) provides telehealth solutions to client hospitals and imaging centers through its Teleradiology division, as well as in person radiology services through its Diagnostic Centres. JUMP focuses primarily on critical care for urgent and emergency patients, establishing integral relationships in the communities we serve.
ON BEHALF OF THE BOARD OF DIRECTORS OF
LEVELJUMP HEALTHCARE CORP.
Mitchell Geisler
Chief Executive Officer
Email: info@leveljumphealthcare.com
Tel.: 647-340-2020
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The Company undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of the Company, Canadian Teleradiology Services, Inc., their securities, or their respective financial or operating results (as applicable).
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273622
FAQ
What did LevelJump (JMPHF) announce on November 7, 2025 about a shareholder requisition?
Who submitted the requisition to LevelJump (JMPHF) and what do they request?
Which director nominees are proposed in the LevelJump (JMPHF) requisition?
What is the company’s next step after receiving the requisition for LevelJump (JMPHF)?
Does the recollection say when the shareholders' meeting will be held for LevelJump (JMPHF)?
