NetworkNewsBreaks – ORHub, Inc. (ORHB) Announces
Post# of 61
(Total Views: 453)
Posted On: 06/21/2017 7:18:19 PM
NetworkNewsBreaks – ORHub, Inc. (ORHB) Announces Exercise Price for Series B and D Warrants
Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced a $0.50 exercise price for all of its Series B and D warrants. Per this morning’s news release, the exercise price will commence immediately and remain in place until all of the related warrants have been exercised or have reached their expiration date, currently set at December 31, 2017. If all of the Series B and D warrants are exercised, the company estimates that it will receive more than $5.5 million in additional proceeds with which to fund the launch of its innovative software platform into hospital chains located throughout North America. To date, ORHub has received more than $3 million from previous warrant exercises. The company’s exercise price announcement comes amidst continued expansion efforts related to its suite of software solutions. ORHub’s initial module targeting spine surgeries launched in 2016 and is currently in use at two Southern California hospitals, while its Module 2 targeting hip and knee surgical procedures is currently scheduled for launch in July 2017.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced a $0.50 exercise price for all of its Series B and D warrants. Per this morning’s news release, the exercise price will commence immediately and remain in place until all of the related warrants have been exercised or have reached their expiration date, currently set at December 31, 2017. If all of the Series B and D warrants are exercised, the company estimates that it will receive more than $5.5 million in additional proceeds with which to fund the launch of its innovative software platform into hospital chains located throughout North America. To date, ORHub has received more than $3 million from previous warrant exercises. The company’s exercise price announcement comes amidst continued expansion efforts related to its suite of software solutions. ORHub’s initial module targeting spine surgeries launched in 2016 and is currently in use at two Southern California hospitals, while its Module 2 targeting hip and knee surgical procedures is currently scheduled for launch in July 2017.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)