CHS Engages E.F. Hutton for Potential Uplisting to U.S. Exchange

Comprehensive Healthcare Systems Inc. (TSXV: CHS) (OTCQB: CMHSF), a vertically integrated SaaS company focused on digitizing healthcare, has taken a significant step toward its growth strategy by engaging E.F. Hutton & Co. LLC to provide strategic financial advisory services. The engagement is centered on evaluating a potential uplisting to a senior U.S. national securities exchange, which could provide the company with greater access to capital markets. As part of the advisory, E.F. Hutton will assist with financing alternatives, capital markets strategy, and preparations for a potential uplisting, subject to listing requirements and market conditions. This move aligns with CHS's 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. The company generates all of its revenue in the United States, and a potential uplisting could support continued investment in product development, sales expansion, and acquisitions, though there is no guarantee that an uplisting or financing transaction will be completed.

Comprehensive Healthcare Systems is the parent company of Comprehensive Healthcare Systems Inc. (Delaware) and offers a state-of-the-art Novus 360 Healthcare Welfare and Benefits Administration (HWBA) SaaS platform. This platform is used by clients for healthcare benefits administration, including self-funded employers, providers, and labor unions, providing reliable, high-volume transaction-capable systems. The company's focus on digitizing healthcare with Healthcare Benefits Administration solutions positions it as a key player in the evolving healthcare technology landscape. The engagement with E.F. Hutton underscores CHS's commitment to its growth trajectory and its ambition to tap into deeper capital pools in the U.S. market.

The news was disseminated by NetworkNewsWire, a specialized communications platform within the Dynamic Brand Portfolio @ IBN, which provides financial news and content distribution. NetworkNewsWire offers a range of services, including access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release distribution, and social media distribution to millions of followers. For more details, the full press release is available at https://nnw.fm/x4dOD. Readers interested in the company can visit https://www.comphealthcare.com/ for additional information.