Banking & Finance and Health Care

Rehab company opens Toronto Stock Exchange

August 20, 2014
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Rehab company opens Toronto Stock Exchange
Grand Rapids-based Agility Health opens the Toronto Stock Exchange. Courtesy TSE

Key members of a publicly traded rehabilitation company opened the Toronto Stock Exchange this morning.

Agility Health in Grand Rapids said that senior management, including CEO Steve Davidson, directors, key stakeholders and supporters of the company, which sells physical rehabilitation services and software, were in attendance.

The company is nearing its first anniversary of listing on the TSX Venture Exchange, “Canada’s junior listings market.” Agility Health first traded on the exchange on October 10, 2013.

Agility Health has a market capitalization of CAD $38.88 million, and its stock (TSXV: AHI) closed at CAD $.47, as of this morning. 

"We are honored to open the market on behalf of our employees and investors,” Davidson said. 

Davidson said last year that the listing is intended to “position Agility for continued growth in our core physical rehabilitation markets" and is “a critical milestone in fulfilling our commitment to consolidating and building Agility's leadership position in our segment of the health care services industry.”

Agility Health, founded in 1968, said it is one of the top 10 rehabilitation services companies in the nation.

Agility Health operates 74 rehabilitation sites in 20 states and provides services to 42 hospitals and 36 nursing homes and long-term care facilities in nine states.

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