Comprehensive Healthcare Systems Engages E.F. Hutton to Advise on Potential U.S. Exchange Uplisting

Comprehensive Healthcare Systems Inc. (TSXV: CHS) (OTCQB: CMHSF), a vertically integrated SaaS company focused on healthcare benefits administration, announced it has engaged E.F. Hutton & Co. LLC to provide strategic financial advisory services as the company evaluates a potential uplisting to a senior U.S. national securities exchange. The engagement includes advising on financing alternatives, capital markets strategy, and preparations for a potential uplisting, subject to applicable listing requirements and market conditions.

The company stated that the engagement supports its previously outlined growth strategy, which includes expanding its U.S. market presence, investing in artificial intelligence initiatives, enhancing its Novus360™ platform, and pursuing strategic acquisitions. CHS noted that all of its revenue is generated in the United States and said a potential uplisting and access to additional growth capital could support continued investment in product development, sales expansion, and acquisitions. However, there is no assurance that an uplisting or financing transaction will be completed.

According to the press release, Comprehensive Healthcare Systems is a corporation incorporated under the laws of Alberta and is the parent company of Comprehensive Healthcare Systems Inc. (Delaware). The company is a vertically integrated SaaS company focused on digitizing healthcare with Healthcare Benefits Administration solutions, providing reliable and high-volume transaction-capable systems. Its state-of-the-art Novus 360 Healthcare Welfare and Benefits Administration (HWBA) SaaS platform is used by clients for all aspects of healthcare benefits administration, including self-funded employers, providers, and labor unions.

For more information about the company, visit https://www.comphealthcare.com/.

To view the full press release, visit https://nnw.fm/x4dOD.

This announcement is significant because it signals the company's intention to pursue a U.S. exchange listing, which could enhance its visibility and provide access to a larger pool of investors. The move aligns with its strategy to expand in the U.S. market, where all its revenue is generated, and to invest in AI and platform enhancements. A successful uplisting could accelerate growth and position the company for strategic acquisitions.