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Wearable Health Solutions Embarks on Strategic Exploration to Maximize Shareholder Value

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Wearable Health Solutions Inc. (WHSI) has engaged EF Hutton LLC to explore strategic options to enhance shareholder value, including potential acquisitions, mergers, and business combinations. The outcome remains uncertain, with limited disclosures until a definitive agreement is reached or approved by the Board of Directors.
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  • Limited disclosures until a definitive agreement is reached or approved by the Board of Directors, uncertain outcome of the strategic review process

NEW YORK, NY / ACCESSWIRE / January 25, 2024 / Wearable Health Solutions Inc. (OTC PINK:WHSI), a provider of age-tech solutions, has initiated a comprehensive review process to assess various strategic options aimed at enhancing shareholder value. In this endeavor, the company has engaged EF Hutton LLC, a leading middle-market investment bank, as our exclusive financial advisor.

The strategic alternatives under consideration may encompass a wide spectrum, including but not limited to potential acquisitions, mergers, business combinations, asset sales or licensing, and other strategic transactions. It is essential to note that the outcome of this ongoing process remains uncertain, both in terms of its success and the specific nature and timing of any prospective developments

As the company proceeds with this strategic review, it is important to emphasize that further disclosures pertaining to this initiative will be limited. The company commits to providing additional information only when a definitive agreement for a transaction is achieved or approved by the Board of Directors, or if it is otherwise determined that additional disclosures are warranted.

For Investor Relations, please visit our website: https://wearablehealthsolutions.com/investor-relations/

Contact Information:
Email: info@wearablehealthsolutions.com

Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended. Any statements that are not historical facts may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential," and similar expressions are intended to identify forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Many of these risks and uncertainties are beyond the control of Wearable Health Solutions and are difficult to predict. Additional factors that could cause actual results to differ materially can be found in the most recent quarterly report filed by Wearable Health Solutions with the Securities and Exchange Commission. Wearable Health Solutions assumes no obligation to update any forward-looking statements, except as required by law.

SOURCE: Wearable Health Solutions, Inc.



View the original press release on accesswire.com

FAQ

What is Wearable Health Solutions Inc.'s ticker symbol?

The ticker symbol for Wearable Health Solutions Inc. is WHSI.

What strategic options is WHSI exploring?

Wearable Health Solutions Inc. is exploring potential acquisitions, mergers, business combinations, asset sales, or licensing, and other strategic transactions.

Who is WHSI's exclusive financial advisor?

EF Hutton LLC is the exclusive financial advisor for Wearable Health Solutions Inc.

Where can I find more information on WHSI's Investor Relations?

For Investor Relations, please visit Wearable Health Solutions Inc.'s website: https://wearablehealthsolutions.com/investor-relations/

What is WHSI's contact information?

You can contact Wearable Health Solutions Inc. via email at info@wearablehealthsolutions.com, visit their website at www.wearablehealthsolutions.com or www.ihelpalarm.com, or call them at 800-262-4239.

What is the address of WHSI?

Wearable Health Solutions Inc.'s address is 10535 N Port Washington Rd, Suite 204.

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