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Skylight Health Group Inc SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service (FFS) model to value-based care (VBC) through tools, including proprietary technology, data analytics and infrastructure. The Company has two segments related to its medical services and software and corporate businesses, which also align with the two countries in which it operates, namely, United States and Canada. It provides a range of healthcare services, including primary and urgent care, sub-specialists, allied health and wellness, and laboratory/diagnostic testing.


GREY:SLHGF - Post by User

Comment by Finallytherockon Dec 11, 2020 9:04pm
235 Views
Post# 32091865

RE:Well Oversubscribed deal

RE:Well Oversubscribed deal yeah, i am hearing they will get about $14-$15 million. rumor is that the institutions wanted them to raise even more but the ceo did not want to dilute too miuch. add that to around $10 million they already have and they probably have about $20-$25 million in the bank which is huge as it allows them to really move the acquisition startegy in hyper drive. i expect a lot of deals over the next few months. ceo mentioned yesterday they are close to signing a few 8 figure deals. that's huge. the amount of revenues they could be generating by the end of 2021 could be enormous. i could see this trading $3-$5+ by the end of 2021. although i expected the raise, i was truly pleasantly surprised they were able to do it at $1/share. remember, it was not long ago this stock was under .10. the stock just shot up over the last few days so i could have seen institutions requesting that the raise be done at a significant discount but it was not. this is getting exciting. i hold over 500k shares. 
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