NextPlat Announces Proposed Business Combination with Progressive Care Inc.
Transaction Expected to Provide Revenue Synergies and Significant Initial Annual Operating Cost Reductions
COCONUT GROVE, Fla. and MIAMI, April 12, 2024 /PRNewswire/ — NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat” or the “Company”), a global e-Commerce provider, today announced that it has entered into a definitive business combination agreement with its majority owned subsidiary, Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care”).
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