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NetworkNewsBreaks – InnerScope Hearing Technolog

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Posted On: 02/22/2022 5:03:28 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – InnerScope Hearing Technologies Inc. (INND) Looking to Disrupt Global Hearing Device Market

InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, recently announced it had appointed the audit services of CPA firm Paris, Kreit & Chiu LLP (“PKC LLP”) to perform an independent audit of the company’s 2019, 2020 and Q1-Q3 2021 financial statements. “InnerScope also seized on the occasion to announce that the company intended to file a Form-10 or S-1 to become an SEC fully reporting company once the audit was complete and submitted to the SEC, FINRA and other relevant agencies,” reads a recent article. InnerScope has sought to establish a commanding position within the DTC hearing solutions market through the sale of advanced hearing products through Walmart and other major retailers. The company recently raised $300,000 in restricted equity, coinciding with the recent reporting of its 3Q21 earnings. InnerScope used the funds to redeem outstanding convertible notes, finance ongoing marketing efforts, and finance the closing costs for the acquisition of HearingAssist, a long-established leader in the DTC hearing aid market and Walmart’s largest hearing aid supplier, “with the express intent to create a ‘powerful disruptive company in the global hearing device market.’”

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer



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