NextPlat Corp Completes Merger with Progressive Care Inc.
October 1, 2024
NextPlat Corp (NASDAQ: NXPL) announced it completed a merger and reorganization pursuant to which Progressive Care Inc. became a wholly‑owned subsidiary and Progressive Care common stock ceased trading on the OTCQB. The combined company will operate a unified platform focused on expanding healthcare services, pharmacy/data management and e‑commerce offerings across domestic and global markets.
- Buyers
- NextPlat Corp
- Targets
- Progressive Care Inc.
- Sellers
- Progressive Care shareholders
- Industry
- Healthcare Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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