Brief: ModivCare Says Undertaking Actions To Seek Additional Capital, Including Filing A Shelf Registration Statement With SEC

ModivCare

12/09/2024 11:30

Sept 12 (Reuters) - ModivCare Inc  MODV.O :
    * MODIVCARE INC - UNDERTAKING ACTIONS TO SEEK ADDITIONAL
CAPITAL,
INCLUDING FILING A SHELF REGISTRATION STATEMENT WITH SEC
    * MODIVCARE INC - CONTINUES TO PURSUE COLLECTION OF
OUTSTANDING
CONTRACT RECEIVABLES FOR SERVICES RENDERED
    * MODIVCARE INC - HAS NOT OFFSET EXISTING AND CONTINUED
ACCUMULATION OF RECEIVABLES DURING PERIOD
    * MODIVCARE INC - VARIOUS FACTORS BEYOND COMPANY'S CONTROL
HAVE
DELAYED AND EXTENDED TIMELINE BEYOND ORIGINAL EXPECTATIONS
    * MODIVCARE - THERE REMAINS POSSIBILITY THAT CO WILL NOT
ACHIEVE
FULL RESOLUTION IN A TIMELY MANNER OR AT ALL IF UNFORESEEN
CIRCUMSTANCES ARISE

Source text for Eikon:  ID:n0001220754-24-000067 
Further company coverage:  MODV.O 

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