Progressive Care Inc (RXMD): NextPlat is currently "providing managem...

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Progressive Care Inc (RXMD)

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Re: stockforce post# 188953

Monday, 05/15/2023 3:27:45 PM

Monday, May 15, 2023 3:27:45 PM

NextPlat is currently "providing management and administrative services to Progressive Care" according to their 10Q and "will terminate upon (i) the liquidation or dissolution of the Company, (ii) the sale of all or substantially all of the assets of the Company to a third party or (iii) the sale of control of the Company, whether by sale of membership interests, merger, reorganization, consolidation or otherwise, to a third party."

So, NextPlat already has taken over the management and administrative services based on their agreement.

https://www.sec.gov/Archives/edgar/data/1058307/000149315223017186/ex10-1.htm

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