Business
LevelJump Enters into Cooperation Agreement with Concerned Shareholder; Announces Board Reconstitution
Toronto, Ontario--(Newsfile Corp. - January 20, 2026) - LevelJump Healthcare Corp. (TSXV: JUMP) ...
About this update from Leveljump Healthcare Corp.
[{"type":"text","content":"LevelJump Enters into Cooperation Agreement with Concerned Shareholder; Announces Board ReconstitutionToronto, Ontario--(Newsfile Corp. - January 20, 2026) - LevelJump Healthcare Corp. (TSXV: JUMP) (OTC Pink: JMPHF) (\"LevelJump\" or the \"Company\"), a leading provider of teleradiology and diagnostic imaging services, today announced that it has entered into a cooperation agreement (the \"Agreement\") with Frank Teti.Under the terms of the Agreement, LevelJump has agreed to a reconstitution of its Board of Directors (the \"Board\") to include new independent perspectives. Effective immediately, Dr. Sheldon Levy, Rob Saltsman, and Sean Aylward have been appointed to the Board of Directors with Mr. Aylward serving as Chair of the Board. In conjunction with these appointments, Gary Prihar, Richard Jagodnik, and Jackie Glazer have resigned from the Board.\"LevelJump is pleased to have entered into this cooperation agreement with Mr. Teti,\" said Mitchell Geisler, CEO of LevelJump. \"The addition of these new directors, combined with the skills of our existing team, should position the Board with a fresh perspective to drive growth and enhance shareholder value. We would like to thank our outgoing directors for their service and commitment.\" \"I am pleased with the outcome of our discussions and the appointment of these three highly qualified individuals,\" said Frank Teti. \"This agreement aligns the Board behind the common goal of maximizing value for all shareholders. I look forward to supporting this refreshed Board as they execute on the Company's strategic plan.\"In light of the Agreement, Mr. Teti has withdrawn his previous requisition for a special meeting of shareholders and has agreed to support the Company's updated director slate at the next annual meeting of shareholders.About the New DirectorsDr. Sheldon Levy Dr. Levy is an experienced medical professional and healthcare executive. He previously served as the President and Medical Director of Riverfront Medical Services, one of Canada's largest privately owned medical assessment companies, and currently serves as President of ADARA Management Inc., a boutique family office with diverse holdings.Rob Saltsman Mr. Saltsman brings over 25 years of experience in venture capital and public investments. He is the Founder, President and CEO of First Lithium Minerals Corp. and...