Members of the media interested in speaking with Akumin are asked to contact the communications department at media@akumin.com in advance of any interview opportunities.
Wed, Aug 9, 2023
Akumin Announces Change of Auditor
PLANTATION, FLORIDA, August 9, 2023 — Akumin Inc. (“Akumin” or the “Company“) (NASDAQ: AKU) (TSX: AKU) announced today that it has changed its auditor from Ernst & Young LLP (“EY“) to Deloitte & Touche LLP (“Deloitte“). Effective as of August 9, 2023, the audit committee (the “Audit Committee“) of the board of directors (the “Board“) of the…
Wed, Aug 9, 2023
Akumin Announces Second Quarter 2023 Results, Revised FY23 Financial Outlook and Establishment of Special Committee
August 9, 2023 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”), a national partner of choice for U.S. hospitals, health systems and physician groups, with comprehensive solutions addressing outsourced radiology and oncology service-line needs, announced today its financial results for the quarter ended June 30, 2023. Second Quarter 2023 Highlights Akumin…
Tue, Aug 8, 2023
Akumin to Host Second Quarter 2023 Financial Results Call on August 10, 2023
August 8, 2023– Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, Thursday, August 10, 2023, to discuss its second quarter 2023 financial results. The financial results are expected to be available on Wednesday, August 9, 2023. To access the conference call, participants…
Mon, Jun 12, 2023
Akumin Appoints President and Chief Operating Officer
PLANTATION, FLORIDA, June 12, 2023 — Akumin Inc. (“Akumin” or the “Company”) (NASDAQ: AKU / TSX: AKU) today announced the appointment of Krishna Kumar as President and Chief Operating Officer of the Company, effective as of June 16, 2023. Krishna has valuable experience and exceptional insight into the radiology space, having served as Senior Vice…
Wed, May 10, 2023
Akumin Announces First Quarter 2023 Results
May 10, 2023 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”), a national partner of choice for U.S. hospitals, health systems and physician groups, with comprehensive solutions addressing outsourced radiology and oncology service-line needs, announced today its financial results for the quarter ended March 31, 2023. First Quarter 2023 Highlights Akumin…
Thu, May 4, 2023
Akumin to Host First Quarter 2023 Financial Results Call on May 11, 2023
May 4, 2023 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, May 11, 2023, to discuss its first quarter 2023 financial results. The financial results are expected to be available on Wednesday, May 10, 2023. To access the conference call, participants…
Thu, Mar 16, 2023
Akumin Announces Full-Year 2022 Results and Provides 2023 Guidance
March 16, 2023 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”), a national partner of choice for U.S. hospitals, health systems and physician groups, with comprehensive solutions addressing outsourced radiology and oncology service-line needs, announced today its financial results for the quarter and year ended December 31, 2022. Fourth Quarter 2022…
Fri, Mar 10, 2023
Akumin to Host Year-end 2022 Financial Results Call on March 17, 2023
March 10, 2023 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, March 17, 2023, to discuss its year-end 2022 financial results. The financial results are expected to be available on Thursday, March 16, 2023. To access the conference call, participants may…
Fri, Dec 16, 2022
Akumin Announces Appointment of New Directors
December 16, 2022 — Plantation, FL — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) is pleased to announce that John Wagner and Lawrence Ross Sinclair will join its board of directors effective January 1, 2023. Mr. Sinclair will also be appointed a member of the audit committee of the Company effective January 1, 2023.…
Wed, Nov 9, 2022
Akumin Announces Third Quarter 2022 Results
November 9, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”), a national partner of choice for U.S. hospitals, health systems and physician groups with comprehensive solutions addressing outsourced radiology and oncology service-line needs, announced today its financial results for the quarter ended September 30, 2022. Third Quarter 2022 Highlights Akumin’s…
Thu, Nov 3, 2022
Akumin to Host Third Quarter 2022 Financial Results Call on November 10, 2022
November 3, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, November 10, 2022, to discuss its third quarter 2022 financial results. The financial results are expected to be available on Wednesday, November 9, 2022. To access the conference call, participants…
Mon, Oct 3, 2022
Akumin Announces Completion of Domestication to Delaware
October 3, 2022 — Plantation, FL — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) today announced that, effective September 30, 2022, it completed its previously announced change of jurisdiction of incorporation from the Province of Ontario, Canada to the State of Delaware, USA (the “Domestication”). In light of the completion of the Domestication, Akumin is now subject…
Fri, Aug 12, 2022
Akumin Provides Business Update and Announces CFO Transition
August 12, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) provided a business update and announced the termination of employment of its Chief Financial Officer, William Larkin and the appointment of David Kretschmer as Interim Chief Financial Officer, effective today. The Company has implemented a transformation program with initiatives focused…
Tue, Aug 9, 2022
Akumin Announces Second Quarter 2022 Results
August 9, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”), a national partner of choice for U.S. hospitals, health systems and physician groups with comprehensive solutions addressing outsourced radiology and oncology service line needs, announced today its financial results for the quarter ended June 30, 2022. Second Quarter 2022 Highlights…
Thu, Aug 4, 2022
Akumin to Host Second Quarter 2022 Financial Results Call on August 10, 2022
August 4, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, August 10, 2022, to discuss its second quarter 2022 financial results. The financial results are expected to be available on Tuesday, August 9, 2022. To access the conference call, participants…
Thu, Jun 30, 2022
Akumin Reports the Results of its Annual General and Special Meeting
June 30, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (the “Company”) held its annual general and special meeting of shareholders (the “Meeting”) today, June 30, 2022, on a virtual meeting platform. A total 52,829,002 shares, representing approximately 59.0% of shares outstanding, were represented at the Meeting or by proxy at the Meeting. Further…
Tue, May 10, 2022
Akumin Announces First Quarter 2022 Results
May 10, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”), a national leader in comprehensive outpatient radiology and oncology solutions and a partner of choice for U.S. hospitals, health systems and physician groups, announced today its financial results for the quarter ended March 31, 2022. First Quarter 2022 Highlights Revenue…
Thu, May 5, 2022
Akumin to Host First Quarter 2022 Financial Results Call on May 11, 2022
May 5, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, May 11, 2022, to discuss its first quarter 2022 financial results. The financial results are expected to be available on Tuesday, May 10, 2022. To access the conference call, participants…
Thu, Apr 21, 2022
Akumin announces filing of registration statement in connection with change of jurisdiction of incorporation
Plantation, FL — April 21, 2022 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”), a premier provider of outpatient medical services in the U.S., announced today that it has filed a registration statement, which includes a management proxy circular, with the Securities and Exchange Commission (“SEC“) pursuant to which Akumin proposes to provide its board of directors…
Fri, Mar 18, 2022
Akumin Announces Executive Departure
March 18, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) announced the departure of its President and Co-Chief Executive Officer, Rhonda Longmore-Grund, effective today, following the decision by its board of directors to not continue with the co-CEO arrangement. Riadh Zine will remain as Chairman and Chief Executive Officer of…
Wed, Mar 16, 2022
Akumin Announces Fourth Quarter 2021 Results
March 16, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”), a national partner of choice for U.S. hospitals, health systems and physician groups, with comprehensive solutions addressing outsourced radiology and oncology service line needs, announced today its financial results for the quarter and year ended December 31, 2021. Fourth Quarter…
Mon, Mar 14, 2022
Akumin to Host Year-end 2021 Financial Results Call on March 17, 2022
March 14, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:00 a.m. Eastern Time, March 17, 2022, to discuss its year-end 2021 financial results. The financial results are expected to be available on Wednesday, March 16, 2022. To access the conference call, dial toll-free…
Tue, Jan 11, 2022
Akumin Inc. to Present at the 40th Annual J.P. Morgan Health Care Conference
January 11, 2022 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) is pleased to announce that Riadh Zine, Chairman & Co-CEO, and Rhonda Longmore-Grund, President & Co-CEO, will present virtually at the 40th Annual J.P. Morgan Health Care Conference on Wednesday, January 12, 2022, at 2:15pm EST. The audio will be simultaneously webcast at https://akum.in/jpmorgan,…
Wed, Dec 15, 2021
Akumin Announces 2022 Financial Guidance and Files Corporate Presentation Following the Acquisition of Alliance Healthcare Services
Dec 15, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) is pleased to announce today its full-year 2022 financial guidance, following the previously announced closing of the Alliance Healthcare Services, Inc. (“Alliance”) acquisition. The Alliance acquisition closed on September 1, 2021, and Consolidated Financial Results for the quarter ended September…
Mon, Dec 13, 2021
Akumin Inc. Announces Third Quarter 2021 Financial Results
December 13, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) announced today its financial results for the quarter ended September 30, 2021 (“Q3 Fiscal 2021“). Third Quarter 2021 Highlights Akumin completed its acquisition of Alliance HealthCare Services, Inc. (“Alliance”) on September 1, 2021, transforming Akumin to the hospital partner of…
Mon, Dec 6, 2021
Akumin Provides Bi-weekly MCTO Status Update, Dec. 6, 2021
Plantation, FL — December 6, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) is providing this update on the status of the management cease trade order granted by the Ontario Securities Commission (the “OSC”), as principal regulator of Akumin, on August 20, 2021 (the “MCTO“) under National Policy 12-203 – Management Cease Trader Orders (“NP 12-203“).…
Tue, Nov 23, 2021
Akumin Inc. Announces Results of its Special Meeting of Shareholders
November 23, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Corporation”) today held a special meeting of its shareholders on a virtual meeting platform. A total of 62,092,201 shares, representing 69.75% of shares outstanding, were represented at the meeting in person or by proxy. The meeting was held to elect the…
Mon, Nov 22, 2021
Akumin Provides Bi-weekly MCTO Status Update, Nov. 22, 2021
Plantation, FL — November 22, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) is providing this update on the status of the management cease trade order granted by the Ontario Securities Commission (the “OSC”), as principal regulator of Akumin, on August 20, 2021 (the “MCTO“) under National Policy 12-203 – Management Cease Trader Orders (“NP 12-203“).…
Mon, Nov 15, 2021
Akumin Inc. Announces Second Quarter 2021 Financial Results and Filing of Restated Financial Statements
November 15, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended June 30, 2021 (“Q2 Fiscal 2021″), as well as the filing of its restated annual financial statements for the periods ended December 31, 2020 and 2019 and its restated interim financial…
Mon, Nov 8, 2021
Akumin Provides Bi-weekly MCTO Status Update, Nov. 8, 2021
Plantation, FL — November 8, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) is providing this update on the status of the management cease trade order granted by the Ontario Securities Commission (the “OSC”), as principal regulator of Akumin, on August 20, 2021 (the “MCTO“) under National Policy 12-203 – Management Cease Trader Orders (“NP 12-203“).…
Mon, Oct 25, 2021
Akumin Provides Bi-weekly MCTO Status Update, Oct. 25, 2021
Plantation, FL — October 25, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) is providing this update on the status of the management cease trade order granted by the Ontario Securities Commission (the “OSC”), as principal regulator of Akumin, on August 20, 2021 (the “MCTO“) under National Policy 12-203 – Management Cease Trader Orders (“NP 12-203“).…
Tue, Oct 12, 2021
Akumin Provides Bi-weekly MCTO Status Update, Oct. 12, 2021
Plantation, FL — October 12, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) is providing this update on the status of the management cease trade order granted by the Ontario Securities Commission (the “OSC”), as principal regulator of Akumin, on August 20, 2021 (the “MCTO“) under National Policy 12-203 – Management Cease Trader Orders (“NP 12-203“).…
Mon, Sep 27, 2021
Akumin Provides Bi-weekly MCTO Status Update, Sep. 27, 2021
Plantation, FL — September 27, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) is providing this update on the status of the management cease trade order granted by the Ontario Securities Commission (the “OSC”), as principal regulator of Akumin, on August 20, 2021 (the “MCTO“) under National Policy 12-203 – Management Cease Trader Orders (“NP 12-203“).…
Mon, Sep 13, 2021
Akumin Provides Bi-weekly MCTO Status Update, Sep. 13, 2021
Plantation, FL — September 13, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) is providing this update on the status of the management cease trade order granted by the Ontario Securities Commission (the “OSC”), as principal regulator of Akumin, on August 20, 2021 (the “MCTO“) under National Policy 12-203 – Management Cease Trader Orders (“NP 12-203“).…
Wed, Sep 1, 2021
Akumin Announces Closing of Acquisition of Alliance Healthcare Services and Related Financing
Plantation, FL — September 1, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”), a premier provider of outpatient radiology services in the U.S., announced today that it has completed its previously announced acquisition of Alliance HealthCare Services, Inc. (“Alliance”), a leading national provider of radiology and oncology solutions to hospitals, health systems and physician groups, through…
Mon, Aug 30, 2021
Akumin Provides Bi-weekly MCTO Status Update, Aug. 30, 2021
Plantation, FL — August 30, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” ) is providing this update on the status of the management cease trade order granted by the Ontario Securities Commission (the “OSC”), as principal regulator of Akumin, on August 20, 2021 (the “MCTO“) under National Policy 12-203 – Management Cease Trader Orders (“NP…
Mon, Aug 23, 2021
Akumin Announces Acceptance of its Management Cease Trade Order Application
Plantation, FL — August 23, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) today announced that the Ontario Securities Commission (the “OSC”), as Akumin’s principal regulator, on August 20, 2021 granted Akumin’s previously announced application for the imposition of a management cease trade order under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). Akumin…
Sun, Aug 15, 2021
Akumin Announces Delay in Filing 2021 Q2 Interim Financial Report and Related Management’s Discussion and Analysis
Plantation, FL — August 15, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”), announced today that both management and its external auditors, Ernst & Young LLP, agreed that additional information and analysis is necessary to complete the interim financial report for the quarter ended June 30, 2021 and Ernst & Young’s review of such report. The…
Mon, Aug 9, 2021
Akumin to Host Second Quarter 2021 Financial Results Call on August 16, 2021
August 9, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, August 16, 2021, to discuss its second quarter 2021 financial results. The second quarter 2021 financial results are expected to be available on Monday, August 16, 2021. To access the…
Fri, Jul 30, 2021
Akumin Inc. Announces Pricing of Offering of Senior Secured Notes
Plantation, FL, July 29, 2021 – Akumin Inc. (NASDAQ/TSX: AKU) (the “Issuer” or “Akumin”) announced today that Akumin Escrow Inc. (the “Escrow Issuer”), a wholly owned subsidiary of the Issuer that is to be liquidated into the Issuer, priced a private offering (the “Private Offering”) of $375 million aggregate principal amount of 7.500% senior secured…
Mon, Jul 26, 2021
Akumin Inc. Announces Proposed Offering of Senior Secured Notes
Plantation, FL, July 26, 2021 – Akumin Inc. (NASDAQ/TSX: AKU) (the “Issuer” or “Akumin”) announced today that Akumin Escrow Inc. (the “Escrow Issuer”), a wholly owned subsidiary of the Issuer that is to be liquidated into the Issuer, plans to offer, subject to market and other conditions, senior secured notes in a private offering (the…
Mon, Jul 26, 2021
Akumin Provides Updates Related To Alliance Healthcare Services Acquisition
Plantation, FL — July 26, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) is pleased to provide an update with respect to its previously announced proposed acquisition of Alliance HealthCare Services, Inc. (“Alliance”) and to announce the filing today in Akumin’s public disclosure at www.sedar.com and www.sec.gov of (i) consolidated financial statements of Alliance for the…
Fri, Jun 25, 2021
Akumin Announces Agreement to Acquire Alliance Healthcare Services
Acquisition would create the most comprehensive radiology and oncology solutions provider in the U.S. and be a catalyst for continued innovative growth in the industry Plantation, FL — June 25, 2021 — Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”), a premier provider of freestanding outpatient radiology services in the U.S., announced today that it has entered into…
Wed, Jun 2, 2021
Philips and Akumin Partner to Advance Radiology Performance and Quality, and Reimagine Radiology Network Ecosystems
Partnership leverages Philips’ latest Radiology Operations Command Center to improve the access, quality, and productivity of Akumin’s outpatient imaging center network Amsterdam, the Netherlands and Plantation, U.S. – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Akumin Inc., a leading provider of outpatient diagnostic imaging services in the U.S.,…
Mon, May 17, 2021
Akumin Inc. Announces First Quarter 2021 Financial Results
May 17, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended March 31, 2021 (“Q1 Fiscal 2021“). Summary Consolidated Financial Results (in thousands, except for per share amounts) 3-month period ended Mar. 31, 2021 3-month period ended Mar. 31, 2020 RVUs…
Thu, May 13, 2021
Akumin Reports the Results of its Annual General and Special Meeting
May 13, 2021 – Plantation, FL – Akumin Inc. (“Akumin” or the “Corporation”) (NASDAQ/TSX: AKU) held its annual general and special meeting of shareholders (the “Meeting”) today, May 13, 2021, on a virtual meeting platform. A total 47,315,152 shares, representing approximately 67.421% of shares outstanding, were represented at the meeting or by proxy at the…
Sat, May 8, 2021
Akumin to Host First Quarter 2021 Financial Results Call on May 17, 2021
May 7, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, May 17, 2021, to discuss its first quarter 2021 financial results. The first quarter 2021 financial results are expected to be available on Monday, May 17, 2021 ahead of the…
Thu, May 6, 2021
Akumin and Profound Medical Enter into U.S. Multi-Center Commercial Agreement for TULSA-PRO®
Plantation, FL., May 6, 2021/CNW/ – Akumin Inc. (NASDAQ/TSX:AKU) (“Akumin”), a leading provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States, today announced the signing of a multi-site imaging center agreement for TULSA-PRO® with Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable,…
Tue, May 4, 2021
Akumin Closes Acquisitions for 7 Clinics in Florida
May 3, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Corporation”) announced today it has closed its previously announced transaction, effective May 1, 2021, acquiring six freestanding, fixed-site outpatient diagnostic imaging clinics located in Florida. The acquisitions have an aggregate purchase price of $39 million based on an EBITDA multiple of 5.15x,…
Thu, Apr 1, 2021
Akumin Enters Definitive Agreements to Add 6 Clinics in Florida
April 1, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Corporation”) announced today it has entered into definitive agreements to acquire six freestanding, fixed-site outpatient diagnostic imaging clinics located in Florida. The acquisitions have an aggregate purchase price of $39 million and is based on an EBITDA multiple of 5.15x, without consideration…
Wed, Mar 31, 2021
Akumin Inc. Announces Fourth Quarter and Releases 2021 Financial Guidance
March 31, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Corporation”) announced today its financial results for the quarter (“Q4 Fiscal 2020“) and year ended December 31, 2020. Summary Consolidated Financial Results (in thousands, except for per share amounts) 3-month period ended Dec. 31, 2020 3-month period ended Dec. 31,…
Thu, Mar 25, 2021
Akumin to Host Yearend 2020 Financial Results Call April 1, 2021
March 25, 2021 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, April 1, 2021, to discuss its fourth quarter and yearend 2020 financial results. The Company adopted U.S. GAAP as the basis of preparation for the 2020 Annual Financial Statements effective…
Thu, Feb 11, 2021
Akumin Inc. Announces Completion of Offering of Additional Senior Secured Notes
Plantation, FL, February 11, 2021 – Akumin Inc. (NASDAQ/TSX: AKU) (the “Issuer”), which in November of 2020 issued and sold $400 million aggregate principal amount of 7.00% senior secured notes due 2025, announced today that it completed its private offering (the “Private Offering”) of $75 million aggregate principal amount of additional 7.00% senior secured notes…
Mon, Feb 8, 2021
Akumin Inc. Announces Pricing of Offering of Additional Senior Secured Notes
Plantation, FL, February 8, 2021 – Akumin Inc. (NASDAQ/TSX: AKU) (the “Issuer”), which in November of 2020 issued and sold $400 million aggregate principal amount of 7.00% senior secured notes due 2025, announced today that it priced a private offering (the “Private Offering”) of $75 million aggregate principal amount of additional 7.00% senior secured notes…
Mon, Feb 8, 2021
Akumin Inc. Announces Proposed Offering of Additional Senior Secured Notes
Plantation, FL, February 8, 2021 – Akumin Inc. (NASDAQ/TSX: AKU) (the “Issuer”), which in November of 2020 issued and sold $400 million aggregate principal amount of 7.00% senior secured notes due 2025, announced today that it plans to offer, subject to market and other conditions, additional senior secured notes in a private offering (the “Private…
Mon, Feb 8, 2021
Akumin Provides Business Update
Plantation, FL, February 8, 2021 – Today Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) provided a business update on certain operating and financial information as set forth below. Akumin is announcing today that RVUs related to service fee revenues in the three-month period ended December 31, 2020 are expected to be around 1.5 million. Although not yet…
Tue, Feb 2, 2021
Akumin Enters into Settlement Agreement
Plantation, FL – February 1, 2021 – Akumin Inc. (NASDAQ/TSX: AKU; the “Company”) has finalized a definitive settlement agreement resolving an investigation by the United States Department of Justice and the Office of the Inspector General of the Department of Health and Human Services (“OIG-HHS”) into whether the Company, operating through one or more of…
Wed, Nov 11, 2020
Akumin Inc. Announces Third Quarter 2020 Financial Results
November 11, 2020 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended September 30, 2020 (“Q3 Fiscal 2020”).
Mon, Nov 2, 2020
Akumin Inc. Announces Completion of Offering of Senior Secured Notes
Plantation, FL, November 2, 2020 – Akumin Inc. (NASDAQ/TSX: AKU) (the “Issuer”), announced today that it completed its private offering (the “Private Offering”) of $400 million of aggregate principal amount of 7.00% senior secured notes due 2025 (the “Notes”). The Issuer will use the net proceeds from the offering to repay in full all outstanding…
Mon, Nov 2, 2020
Akumin to Host Third Quarter 2020 Financial Results Call on November 12, 2020
November 2, 2020 – Plantation, FL – Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, November 12, 2020, to discuss its third quarter 2020 financial results. To access the conference call, dial toll-free in the U.S. or Canada 888-231-8191 or, for international callers, 647-427-7450. Participants…
Fri, Oct 23, 2020
Akumin Inc. Announces Pricing of Offering of Senior Secured Notes
Plantation, FL, October 23, 2020 – Akumin Inc. (NASDAQ/TSX: AKU) (the “Issuer”), announced today that it priced a private offering (the “Private Offering”) of $400 million of aggregate principal amount of 7.00% senior secured notes due 2025 (the “Notes”). The offering of the Notes is scheduled to close on November 2, 2020, subject to satisfaction…
Tue, Oct 20, 2020
Akumin Inc. Announces Proposed Offering of Senior Secured Notes
Plantation, FL, October 20, 2020 – Akumin Inc. (NASDAQ/TSX: AKU) (the “Issuer”) announced today that it plans to offer, subject to market and other conditions, senior secured notes in a private offering (the “Private Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Issuer…
Tue, Oct 20, 2020
Akumin Provides Business Update
Plantation, FL, October 19, 2020 – Today Akumin Inc. (NASDAQ/TSX: AKU) (“Akumin”) provided a business update on certain operating and financial information as set forth below.
Wed, Sep 2, 2020
Akumin to Commence Trading on NASDAQ
September 2, 2020 – Plantation, FL – Akumin Inc. (TSX: AKU) (“Akumin” or the “Corporation”) announced today that its common shares have been approved for listing and trading in U.S. dollar currency on the Nasdaq Capital Market (“NASDAQ”). Trading on the NASDAQ will commence at the start of trading on September 3, 2020 under the symbol “AKU”.
Wed, Aug 12, 2020
Akumin Inc. Announces Second Quarter 2020 Financial Results
August 12, 2020 – Toronto, ON – Akumin Inc. (TSX: AKU.U, AKU) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended June 30, 2020 (“Q2 Fiscal 2020”).
Wed, Jul 29, 2020
Akumin to Present at the Canaccord Genuity 40th Annual Growth Conference on August 13, 2020
July 29, 2020 – Toronto, ON – Akumin Inc. (“Akumin” or the “Corporation”) (TSX: AKU.U; AKU) announced today that Riadh Zine, CEO of Akumin, will present at the Canaccord Genuity 40th Annual Growth Conference on Thursday, August 13th at 3:00 p.m. Eastern Time. The conference is being held virtually and will take place from August…
Thu, Jul 23, 2020
Akumin to Host Second Quarter 2020 Financial Results Call on August 13, 2020
July 23, 2020 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, August 13, 2020, to discuss its second quarter 2020 financial results. To access the conference call, dial toll-free in Canada or the U.S. 888-231-8191 or, for international callers, 647-427-7450.…
Wed, Jun 3, 2020
Akumin Inc. Announces First Quarter 2020 Financial Results and Amendment to Credit Facility
June 3, 2020 – Toronto, ON – Akumin Inc. (TSX: AKU.U, AKU) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended March 31, 2020 (“Q1 Fiscal 2020”) and an amendment to its existing credit agreement effective June 2, 2020.
Thu, May 14, 2020
Akumin Reports the Results of its Annual General and Special Meeting
May 14, 2020 – Toronto, ON – Akumin Inc. (“Akumin” or the “Corporation”) (TSX: AKU.U; AKU) held its annual general and special meeting of shareholders (the “Meeting”) today, May 14, 2020, on a virtual meeting platform. A total of 45,143,644 shares, representing approximately 64.44% of shares outstanding, were represented in person or by proxy at…
Wed, May 13, 2020
Akumin Provides Business Update
May 13, 2020 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today its financial results and management’s discussion and analysis for the quarter-ended March 31, 2020 would be available on or before June 5, 2020 due to logistics and delays caused by the COVID-19 pandemic. The Corporation is relying…
Mon, Apr 27, 2020
Akumin Announces Change of Location and Format of Annual and Special Meeting of Shareholders
April 27, 2020 – Toronto, ON – Akumin Inc. (TSX: AKU.U, AKU) (“Akumin” or the “Corporation”)) announced today that it will now hold its upcoming annual and special meeting of shareholders (the “Meeting”) on May 14, 2020 at 10:00 a.m. (Toronto time) in a virtual only format whereby shareholders may attend and participate in the…
Tue, Mar 31, 2020
Akumin Inc. Announces Fourth Quarter and Year-End 2019 Financial Results
March 31, 2020 – Toronto, ON – Akumin Inc. (TSX: AKU.U, AKU) (“Akumin” or the “Corporation”) announced today its financial results for the quarter and year-ended December 31, 2019 (“Q4 Fiscal 2019”). Summary Consolidated Financial Results (in thousands, except for per share amounts) 3-month period ended Dec. 31, 2019 3-month period ended Dec. 31,…
Mon, Mar 23, 2020
Akumin Designates Imaging Centers for COVID-19 Response
March 23, 2020 – Plantation, FL – Akumin Inc. (TSX: AKU.U, AKU) (“Akumin”) announced today it will be dedicating 10 of its freestanding, outpatient diagnostic imaging centers (the “Designated Centers”) across its regions to focus specifically on patients who have been diagnosed with an active case of COVID-19, the disease caused by the novel coronavirus,…
Tue, Dec 3, 2019
Akumin Announces Change of Auditor
December 2, 2019 – Plantation, FL – Akumin Inc. (TSX: AKU.U; AKU) (“Akumin” or the “Corporation”) announced that it has changed its auditors to Ernst & Young LLP. At the request of the Corporation, PricewaterhouseCoopers LLP, the former auditors, resigned effective November 29, 2019 and the board of directors appointed Ernst & Young LLP as…
Thu, Nov 14, 2019
Akumin Inc. Announces Third Quarter 2019 Financial Results
November 14, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended September 30, 2019 (“Q3 Fiscal 2019”). Summary Consolidated Financial Results (in thousands, except for per share amounts) 3-month period ended Sep. 30, 2019 3-month period ended Sep. 30, 2018 9-month…
Fri, Nov 8, 2019
Akumin to Host Third Quarter 2019 Financial Results Call on November 14, 2019
November 8, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, November 14, 2019, to discuss its third quarter 2019 financial results.
Mon, Aug 19, 2019
Akumin Expands in Texas with Five Diagnostic Centers and US$13 Million Revenues
August 19, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU.U; AKU) (“Akumin” or the “Corporation”) announced today it has acquired five freestanding, outpatient diagnostic imaging centers in El Paso, Texas from Southwest X-Ray, LP.
Wed, Aug 14, 2019
Akumin Inc. Announces Second Quarter 2019 Financial Results
August 14, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended June 30, 2019 (“Q2 Fiscal 2019”, respectively).
Wed, Aug 7, 2019
Akumin to Host Second Quarter 2019 Financial Results Call on August 14, 2019
August 7, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, August 14, 2019, to discuss its second quarter 2019 financial results.
Mon, Jun 24, 2019
Akumin Reports on Voting Results from its 2019 Annual Meeting
June 21, 2019 – Toronto, ON – Akumin Inc. (“Akumin” or the “Corporation”) (TSX: AKU.U; AKU) held its annual meeting of shareholders (the “Meeting”) in Toronto, Ontario on June 21, 2019. A total of 36,006,512 shares, representing approximately 57.42% of shares outstanding, were represented in person or by proxy.
Mon, Jun 3, 2019
Akumin Closes US$382 million Refinancing and Previously Announced Acquisitions
June 3, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU.U, AKU) (“Akumin” or the “Corporation”) announced today it closed, effective May 31, 2019, the previously announced refinancing of its credit facilities.
Wed, May 15, 2019
Akumin Inc. Announces First Quarter 2019 Financial Results
May 15, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter -ended March 31, 2019 (“Q1 Fiscal 2019”, respectively). Summary Consolidated Financial Results (in thousands, except for per share amounts) 3-month period ended Mar. 31, 2019 3-month period ended Mar. 31, 2018…
Thu, May 9, 2019
Akumin to Host First Quarter 2019 Financial Results Call on May 15, 2019
May 9, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Company”) will host a conference call at 8:30 a.m. Eastern Time, May 15, 2019, to discuss its first quarter 2019 financial results. The Company expects to release its first quarter 2019 financial results prior to markets opening on the same day.
Mon, Apr 15, 2019
Akumin to acquire approximately US$30.3 million of EBITDA through expansion in Florida and Georgia
April 15, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today that it has, through its wholly-owned subsidiary Akumin Corp., entered into purchase agreements to acquire 27 imaging centers operated under Advanced Diagnostics Group (“ADG”), The Imaging Centers of West Palm and Elite Radiology of Georgia.
Fri, Mar 29, 2019
Akumin Inc. Announces Fourth Quarter and Fiscal 2018 Financial Results
March 29, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter and year-ended December 31, 2018 (“Q4 Fiscal 2018 and Fiscal 2018”, respectively).
Wed, Mar 27, 2019
Akumin to Host 2018 Financial Results Call on March 29, 2019
March 27, 2019 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) will host a conference call from 8:30 a.m. to 9:00 a.m. Eastern Time, March 29, 2019, to discuss its fourth quarter and fiscal 2018 financial results.
Wed, Nov 14, 2018
Akumin Inc. Announces Third Quarter Fiscal 2018 Financial Results
November 14, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended September 30, 2018 (“Q3 Fiscal 2018”).
Mon, Nov 12, 2018
Akumin Inc. Acquires Five Diagnostic Centers with US$19 Million Revenues in Florida
November 12, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U; AKU) (“Akumin” or the “Corporation”) announced today it has acquired four freestanding, outpatient diagnostic imaging centers in Broward County from Diagnostic Professionals, Inc. and related parties effective November 9, 2018.
Fri, Nov 2, 2018
Akumin to Host Third Quarter 2018 Financial Results Call on November 14, 2018
November 2, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) will host a conference call at 8:30 a.m. Eastern Time, November 14, 2018, to discuss its third quarter 2018 financial results. The Company expects to release its third quarter financial results prior to markets opening on the same day.…
Mon, Sep 24, 2018
Akumin Inc. Starts Dual Currency Trading with Canadian Dollar Listing Under AKU Symbol
TORONTO, Sept. 24, 2018 /CNW/ – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today it has listed its common shares in Canadian dollars on the Toronto Stock Exchange under the symbol “AKU” in addition to its existing United States dollar listing on the Toronto Stock Exchange under the symbol “AKU.U”.
Wed, Aug 15, 2018
Akumin Inc. Closes 5-Year US$130 million New Credit Facilities
August 15, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today its subsidiary, Akumin Corp., has closed credit facilities for a principal amount of US$130 million with a syndicate of lenders, consisting of a term loan facility for $100 million and a revolving credit facility for US$30 million.
Wed, Aug 15, 2018
Akumin Inc. Acquires 11 Diagnostic Centers in Florida for US$25 million
August 15, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today it has acquired 11 freestanding, outpatient diagnostic imaging centers operated by Rose Radiology Centers, Inc. in the Tampa Bay Area, Florida as well as a new center expected to commence operations by the end of this quarter.
Mon, Aug 13, 2018
Akumin Inc. Announces Second Quarter Fiscal 2018 Financial Results
August 13, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended June 30, 2018 (“Q2 Fiscal 2018”).
Wed, Aug 1, 2018
Akumin Inc. Agrees to Acquire US$27.5 Million Revenue Business in Florida
August 1, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today it has, through a subsidiary and other related parties, entered into a definitive agreement to acquire a freestanding, fixed-site outpatient diagnostic imaging business located in Florida.
Thu, May 24, 2018
Akumin Inc. Closes Previously Announced Acquisitions of Non-Controlling Interests for $21.6 Million
Thursday, May 24, 2018 – Toronto, ON – Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin”) announced today that its wholly owned subsidiary, Preferred Medical Imaging, LLC, has completed its previously announced acquisitions of all of the outstanding non-controlling interests in seven of its existing Texas-based diagnostic imaging centers (the “Acquisitions”).
Tue, May 15, 2018
Akumin Inc. Announces First Quarter Fiscal 2018 Financial Results
May 15, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended March 31, 2018 (“Q1 Fiscal 2018”).
Fri, May 11, 2018
Akumin Closes Previously Announced Acquisition of Four Centers in Florida
May 11, 2018 – Toronto, ON – Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin”) announced today that, though a subsidiary, it has closed its acquisition of certain of the assets of four centers located in Florida, one of Akumin’s core geographic markets.
Wed, May 2, 2018
Akumin Announces Closing of US$35 Million Bought Deal Offering
Toronto, Ontario – May 2, 2018 – Akumin Inc. (“Akumin” or the “Company”) (TSX: AKU:U) is pleased to announce it has closed its previously announced bought deal offering of common shares by way of short form prospectus sale in each of the provinces of Canada, other than the Province of Quebec.
Wed, Apr 11, 2018
Akumin Inc. Announces US$35 Million Bought Deal
Toronto, Ontario – April 11, 2018 – Akumin Inc. (“Akumin” or the “Company”) (TSX: AKU.U) is pleased to announce that it has entered into an agreement with Clarus Securities Inc., on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 8,750,000 Common Shares (the “Common Shares”) of the Company at a price of US$4.00 per Common Share (the “Offering Price”) for aggregate gross proceeds to the Company of US$35,000,000 (the “Offering”).
Thu, Apr 5, 2018
Akumin Secures Rights for Potential Acquisition of Four Centers with US$12 Million in Revenues
April 5, 2018 – Toronto, ON – Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin”) announced today that it has entered into a management agreement with the owners of four centers located in one of Akumin’s core geographic markets (the “Potential Acquisition”).
Mon, Apr 2, 2018
Akumin Inc. Announces Fiscal 2017 Financial Results
TORONTO, April 2, 2018 /CNW/ – Akumin Inc. (TSX:AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended December 31, 2017 (“December 2017 Quarter”) and the fifteen-month period ended December 31, 2017 (“Fiscal 2017”).
Mon, Mar 26, 2018
Akumin Inc. Enters Into Agreements to Acquire Non-Controlling Interests for $21.3 million
Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin”) announced today that its wholly owned subsidiary, Preferred Medical Imaging, LLC, has entered into agreements to acquire all of the outstanding non-controlling interests in seven of its existing Texas-based diagnostic imaging centers (the “Acquisitions”).
Fri, Feb 9, 2018
Akumin Inc. Announces Purchase of Approximately US$1.9 Million in Shares by Certain Officers and Directors
Akumin Inc. (TSX:AKU.U) (the “Company“) announced today that certain senior officers and directors of the Company have acquired an aggregate of 532,857 shares of the Company at US$3.50 per share for total cash consideration of approximately US$1,865,000.
Thu, Dec 21, 2017
Newly public health care company competes with U.S. hospitals for business
Medical imaging company Akumin, which just launched its IPO on December 1, is consolidating a large number of independent imaging centres in southern U.S. states and is attracting patients by wooing insurance companies with cheaper pricing. Akumin’s CEO Riadh Zine joins BNN to discuss.
Thu, Dec 21, 2017
Akumin Inc. Opens the Market
Riadh Zine, Founder, President & CEO, Director, Akumin Inc. (AKU), will join Ryan Thomas, Head of Business Development, Diversified Industries, Toronto Stock Exchange and TSX Venture Exchange, on Thursday, December 21, 2017, to open the market.
Fri, Dec 1, 2017
Akumin Inc. Completes Initial Public Offering
Akumin Inc. (TSX:AKU.U) (the “Corporation”) announced today the closing of its initial public offering and that its common shares will begin trading at the opening of markets on December 1, 2017 under the symbol “AKU.U” on the Toronto Stock Exchange.
Media Coverage
Newly public health care company competes with U.S. hospitals for business
News Provided by BNN / Dec 21, 2017. 2:45pm ET
Medical imaging company Akumin, which just launched its IPO on December 1, is consolidating a large number of independent imaging centres in southern U.S. states and is attracting patients by wooing insurance companies with cheaper pricing. Akumin’s CEO Riadh Zine joins BNN to discuss.