Business
Wearable Health Solutions Inc. (WHSI) Files Form 10 Registration Statement With SEC
Wearable Health Solutions Inc. (WHSI) Files Form 10 Registration Statement With SEC.
About this update from Wearable Health Solutions, Inc
[{"type":"text","content":"Company Completes Two Year Audit And Will Be Subject To The Reporting Requirements Of The SEC Exchange Act Of 1934, As Amended; Its Regulation A Offering Is Fully Subscribed For $5 million.KING OF PRUSSIA, PA / ACCESSWIRE / November 22, 2021 / Wearable Health Solutions Inc. (OTC PINK:WHSI), is a manufacturer of multiple lines of proprietary personal medical alarm and home security devices for seniors and emergency response systems for employees that work alone. The company which markets its products to and through its global distribution network of independent dealers which re-sell products directly to consumers, hospitals, and other related providers in the home healthcare and home security markets, today announced that it has filed a Form 10 Registration Statement with the United States Securities and Exchange Commission pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended and filed as of November 19th 2021. In addition, the Regulation A Offering is now closed to investors.Harrysen Mittler, Chairman & CEO, of Wearable Health Solutions Inc. stated that: "With the Company now sufficiently capitalized we are poised to increase inventories for our next generation of Personal Emergency Response Systems (PERS) devices ready for sales launch in early 2022. In addition, we are retiring some corporate debt and hiring additional personnel to assist us in marketing our next generation of technologies and products globally. Also, transparency for shareholders, and increased access to the capital markets has been achieved since our recent filing of Form 10 which includes our audited financial statements for the previous two year period. Once our Form 10 Registration Statement is effective, we will consider an up listing to a broader stock exchange which could expand our exposure to institutional investors, money managers, family office funds, broker dealers, and other investors which is an important milestone in our corporate progression."The Form 10 filing provides information about the Company's operations, including an overview of the business strategies, risk factors, and financial statements. We believe that the ongoing obligation to timely file with the SEC will help the Company's investors make more informed and educated investment decisions about the Company.A copy of the Form 10 is available a...