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Skylight Well being Appoints Director with Deep Funds Marketplaces and Finance Skills, Grace Mellis, to the Board

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Skylight Well being Appoints Director with Deep Funds Marketplaces and Finance Skills, Grace Mellis, to the Board
Skylight Well being Appoints Director with Deep Funds Marketplaces and Finance Skills, Grace Mellis, to the Board

TORONTO, Jan. 14, 2021 (World NEWSWIRE) — Skylight Health and fitness Group Inc. (TSXV: SHG OTCQX: SHGFF) (“Skylight Health” or the “Company”), is happy to announce the appointment of Grace Mellis to the Company’s Board of Directors.

Ms. Mellis has a robust qualifications in strategy and finance leadership roles with around 28 many years of good results and experience:

  • Almost a 10 years at JP Morgan Chase serving as Handling Director, Head of Intercontinental Tactic, and Investor Services CFO for EMEA inside the Company and Financial investment Financial institution.
  • Former CFO and VP of Corporate Finance and Organization Intelligence at Greendot Company, a US $3.1B marketplace cap NYSE outlined firm.
  • Founder and director of IGA Capital which delivers consulting and advisory solutions to generally early-phase organizations.  
  • Mentor and investor with Techstars, a world wide start off-up incubation system.
  • She holds an MBA from Harvard Company College and a BA from Harvard College.

“We are delighted to welcome Grace Mellis as a new independent director to the Skylight board,” said Prad Sekar, Co-founder and CEO. “The addition of Ms. Mellis, who brings considerable strategic administration and finance experience into her part as board member, enhances our existing board of directors’ skills and activities, and offers a deep comprehension of the US money markets which we will make use of as a strategic resource as we carry on to broaden our shareholder foundation. The US capital marketplaces is hunting for publicity to key care clinics and I believe that this story will be ideal been given by American investors who have an understanding of 1st-hand this trillion-greenback healthcare chance.”

Ms. Mellis claims, “I am honored to be part of Skylight in this fascinating time and support to travel our growth method ahead and make further associations with our tactics and patients across the United States. I glance forward to operating with the skilled board of administrators as we proceed to execute our strategy, push profitability and enrich price for all our shareholders.”  

Effective currently, Skylight Wellbeing is also pleased to announce that it has retained PI Economic Corp. (“PI”) to offer market creating solutions in accordance with TSX Undertaking Exchange insurance policies.&#13

PI will trade the securities of Skylight Health and fitness on the TSX‐V for the needs of keeping an orderly market. In consideration of the solutions presented by PI, the Enterprise will pay PI a month to month cash rate of $5,000 on a thirty day period-to-month term. Skylight Overall health and PI are unrelated and unaffiliated entities. PI will not get shares or alternatives as compensation. The cash applied for industry producing will be offered by PI.

About Skylight Health and fitness Team

Skylight Health and fitness Team (TSXV:SHG OTCQX:SHGFF) is a healthcare services and technological know-how corporation, functioning to positively affect affected individual wellness outcomes. The Organization operates a US multi-point out well being network that contains of bodily multi-disciplinary healthcare clinics supplying a array of providers from principal care, sub-specialty, allied health and laboratory/diagnostic tests. The Organization owns and operates a proprietary electronic health and fitness record program that supports the delivery of care to individuals by way of telemedicine and other distant checking program integrations. With a affected individual roster of about 150,000 patients, the Company’s functions servicing 15 states and continues to develop in providers and spots both of those organically and by way of strategic acquisitions.

The Company generally operates a traditional insurable payment-for-services product contracting with Medicare, Medicaid and other Commercial Payors. The Enterprise also delivers a disruptive membership-centered telemedicine company for the un/below-insured population who have confined obtain to urgent treatment owing to price.

For a lot more information, you should visit www.skylighthealthgroup.com or get hold of:&#13

Trader Relations:
Jackie Kelly
[email protected]
416-301-2949

Currency Usage, Cautionary and Ahead-Seeking Statements

All currency contained in this Press Launch represent Canadian Pounds unless otherwise mentioned.

Statements in this news release that are forward-hunting statements are issue to various risks and uncertainties relating to the precise components disclosed right here and in other places in Skylight Health’s filings with Canadian securities regulators. When made use of in this information launch, text these types of as “will, could, strategy, estimate, assume, intend, may, probable, consider, really should,” and very similar expressions, are forward-hunting statements.

Ahead-seeking statements could contain, without the need of limitation, statements about the Company’s unaudited economic effects and projected development.&#13

Despite the fact that Skylight Wellness has attempted to detect significant variables that could cause genuine results, general performance or achievements to vary materially from people contained in the ahead-wanting statements, there can be other components that result in effects, overall performance or achievements not to be as predicted, estimated or supposed, which include, but not minimal to: the capability of Skylight Well being to execute on its business system, ongoing revenue expansion in accordance with management’s anticipations, working bills continuing in accordance with administration anticipations, dependence on acquiring regulatory approvals Skylight Wellbeing being equipped to locate, finish and efficiently integrate focus on acquisitions change in legislation relating to wellness treatment regulation reliance on administration prerequisites for supplemental financing level of competition hindering industry progress or other aspects that may perhaps not now be known by the Corporation.

There can be no assurance that such data will confirm to be precise or that management’s anticipations or estimates of long run developments, circumstances or success will materialize. As a result of these threats and uncertainties, the effects or situations predicted in these ahead-looking statements may possibly differ materially from real benefits or functions.

Accordingly, audience need to not place undue reliance on ahead-hunting statements. The forward-on the lookout statements in this information release are created as of the day of this launch. Skylight Wellness disclaims any intention or obligation to update or revise this sort of information and facts, apart from as needed by applicable law, and Skylight Well being does not suppose any legal responsibility for disclosure relating to any other firm outlined herein.

Neither the TSX Venture Exchange nor its Regulation Solutions Service provider (as that term is defined in the procedures of the TSX Venture Trade) accepts duty for the adequacy or precision of this launch.


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