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Comprehensive Healthcare Systems Announces Closing of First Tranche of Private Placement
TMX Newsfile· 2026-02-12 11:30
Core Viewpoint - Comprehensive Healthcare Systems Inc. has successfully closed the first tranche of its non-brokered private placement, raising a total of $3,500,000 by issuing 7,000,000 units at a price of $0.50 per unit [1]. Group 1: Offering Details - Each unit consists of one common share and one-half of a warrant, with the full warrant allowing the purchase of one common share at an exercise price of $1.00 for three years post-closing [2]. - The company paid finder fees totaling $214,200 in cash and issued 428,400 finder warrants, which are also exercisable at $0.50 for three years [3]. Group 2: Insider Participation - An insider purchased 945,000 units, accounting for 13.5% of the units issued in this tranche, which translates to approximately 3.8% of the total issued and outstanding shares upon closing [4]. - Assuming the exercise of associated warrants, the insider's stake would increase to approximately 5.6% of the total issued and outstanding shares [4]. Group 3: Company Overview - Comprehensive Healthcare Systems Inc. is a vertically integrated SaaS company focused on digitizing healthcare through its Healthcare Benefits Administration solutions [5]. - The company's Novus 360 Healthcare Welfare and Benefits Administration platform is utilized by various clients, including self-funded employers, providers, and labor unions, for comprehensive healthcare benefits administration [5].
Comprehensive Healthcare Systems Inc. Engages RedChip Companies to Lead Investor Relations Efforts
TMX Newsfile· 2026-01-13 11:30
Core Insights - Comprehensive Healthcare Systems Inc. (CHS) has engaged RedChip Companies to enhance its investor relations and strategic communications efforts, indicating a strategic shift towards greater engagement with the investment community [1][2] - The company is experiencing significant operational and financial milestones, including positive adjusted EBITDA and a growing client base, particularly through its Novus 360 platform [2][3] Company Overview - Comprehensive Healthcare Systems Inc. is a vertically integrated SaaS company focused on healthcare benefits administration, providing high-volume transaction-capable systems [4] - The Novus 360 platform is designed to improve automation, transparency, and cost containment for various clients, including self-funded employers and multi-employer unions across North America [2][4] Financial Engagement - Under the agreement with RedChip, CHS will pay US$7,500 per month and grant 150,000 stock options at a price of C$0.60 per share, with options vesting quarterly over six months [3] - Additionally, CHS has committed to a one-time fee of US$60,000 for a national media and TV ad campaign scheduled for the first quarter of 2026 [3]
Florida Hospital Selects SCWorx for Data Management for Workday Implementation
Globenewswire· 2025-08-13 13:35
Core Insights - SCWorx Corp. has signed a new contract with northeast Florida's largest not-for-profit healthcare provider for its SaaS service and Workday data management assistance [1][2] - The healthcare provider manages over 1,400 beds and will utilize SCWorx's expertise for Workday implementation [2] - SCWorx's Foundation data management platform is recognized as essential for accurate data movement and integration with Workday [3] Company Overview - SCWorx offers a suite of SaaS-based data management solutions tailored for healthcare providers, focusing on data accuracy, cost savings, and operational efficiency [4] - The solution modules include Virtual Item Master, data cleansing, contract management, automated rebate management, and data analytics, among others [4] - The company aims to create a single source of information for healthcare providers' data governance and analytics needs [4]