Core Viewpoint - QHSLab Inc. is enhancing its governance framework by adding independent board members to align with shareholder interests and prepare for future listing requirements [1][2][3] Governance Evolution - The company has initiated a structured selection process for independent directors to strengthen governance practices and support long-term growth objectives [2][3] - The addition of independent directors is expected to enhance oversight and broaden strategic perspectives, aiding in customary corporate approvals as the company prepares for potential uplisting [3] Capital Structure Improvements - Recent actions taken by the company include the elimination of legacy convertible debt, reduction of interest expenses, and completion of a funding transaction aimed at supporting growth while limiting dilution [4] - These measures are designed to improve transparency, strengthen the balance sheet, and align management with shareholder interests [4] Leadership Commentary - The President and CEO of QHSLab emphasized the importance of evolving the governance structure to strengthen oversight and support future capital market objectives, reflecting the company's progress [5] Company Overview - QHSLab, Inc. is a digital health infrastructure company that provides preventive screening, assessment, and workflow solutions for primary care practices, enabling scalable and reimbursable care delivery [6]
QHSLab (OTCQB:USAQ) Initiates Board Expansion Process to Strengthen Governance and Support Next Phase of Growth
Globenewswire·2026-01-16 13:00