Cheelcare Inc. News Releases

Cheelcare Closes $3.02 Million Upsized Non-Brokered Private Placement

Fri, 03 Jul 2026 07:30:00 -0400

Markham, Ontario--(Newsfile Corp. - July 3, 2026) - Cheelcare Inc. (TSXV: CHER) (OTC: CHCRF) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, is pleased to announce that it has closed its previously announced upsized non-brokered private placement (the "Offering"), raising aggregate gross proceeds of $3,023,250. The Offering was increased from $1.5 million to $3.0 million in response to strong investor demand, as previously announced on June 16, 2026. Pursuant...

Cheelcare Announces Upsizing of Non-Brokered Private Placement to $3.0 Million

Thu, 18 Jun 2026 07:30:00 -0400

Markham, Ontario--(Newsfile Corp. - June 18, 2026) - Cheelcare Inc. (TSXV: CHER) (OTC: CHCRF) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, is pleased to announce, that due to strong investor demand, it has increased the size of its previously announced non-brokered private placement financing (the "Offering").The Company now intends to issue up to 2,000,000 units of the Company (the "Units") at a price of $1.50 per Unit for aggregate gross proceeds of up...

Cheelcare Announces a Non-Brokered Private Placement to Raise up to $1.5 Million

Thu, 11 Jun 2026 16:30:00 -0400

Markham, Ontario--(Newsfile Corp. - June 11, 2026) - Cheelcare Inc. (TSXV: CHER) (OTC: CHCRF) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, announces a non-brokered private placement for the issuance of up to 1,000,000 units of the Company (the "Units") at a price of $1.50 per Unit for aggregate gross proceeds of up to $1,500,000 (the "Offering"). Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one Common...

Cheelcare Receives Canadian Patent for Companion Power Assist Platform

Thu, 28 May 2026 07:30:00 -0400

Canadian Patent Strengthens Intellectual Property Protection for the Companion Platform Markham, Ontario--(Newsfile Corp. - May 28, 2026) - Cheelcare Inc. (TSXV: CHER) (OTC: CHCRF) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, today announced that the Canadian Intellectual Property Office ("CIPO") has officially granted Canadian Patent No. 3090535 covering core technologies underlying the Company's Companion platform, further strengthening Cheelcare's...

Cheelcare Reports Second Consecutive Month of Record Companion Bookings with April Bookings up 147% Year-over-Year and 38.5% Sequentially

Mon, 11 May 2026 07:30:00 -0400

Increasing RFQs and Expanding Reimbursement Support Continue to Drive Commercial Momentum Markham, Ontario--(Newsfile Corp. - May 11, 2026) - Cheelcare Inc. (TSXV: CHER) (OTC: CHCRF) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, today announced preliminary record monthly bookings for April 2026 for its Companion power assist product line, representing the second consecutive month for record bookings for growth.Bookings for April 2026 increased 147%...

Cheelcare Delivers First Curio Robotic Complex-Rehab Power Wheelchair to Paying Customers and Achieves Record Companion Sales

Thu, 09 Apr 2026 07:30:00 -0400

Markham, Ontario--(Newsfile Corp. - April 9, 2026) - Cheelcare Inc. (TSXV: CHER) (OTC: CHCRF) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, today announced the delivery of its first Curio robotic complex-rehab power wheelchair to paying customers, marking the Company's transition into commercial production and initial revenue generation for its flagship power wheelchair platform.This milestone is complemented by record Companion unit sales in March,...

Cheelcare Announces Third Quarter 2026 Financial Results

Wed, 25 Mar 2026 07:30:00 -0400

Markham, Ontario--(Newsfile Corp. - March 25, 2026) - Cheelcare Inc. (TSXV: CHER) (OTC: CHCRF) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, today announced its financial results for the third quarter ended January 31, 2026. All figures are in CAD unless otherwise noted.Operational Highlights (Three Months Ended January 31, 2026)Record quarterly revenue: The Company achieved its strongest quarterly performance to date, reflecting growing adoption of its...

Cheelcare Closes $1.0 Million Unsecured Note Financing

Wed, 18 Feb 2026 07:30:00 -0500

Markham, Ontario--(Newsfile Corp. - February 18, 2026) - Cheelcare Inc. (TSXV: CHER) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, today announced that it has closed its previously-announced offering of 12% unsecured promissory notes (the "Notes") for aggregate gross proceeds of $1,000,000 (the "Offering").The Offering was subscribed by Pathfinder Asset Management Ltd., which purchased $750,000 aggregate principal amount of Notes, and NameSilo Technologies...

Cheelcare Announces $1.0 Million Unsecured Note Financing

Mon, 09 Feb 2026 07:00:00 -0500

Markham, Ontario--(Newsfile Corp. - February 9, 2026) - Cheelcare Inc. (TSXV: CHER) ("Cheelcare" or the "Company"), a Canadian innovator in advanced mobility solutions, today announced that it has entered into term sheets with strategic investors for a non-brokered unsecured promissory note (the "Notes") financing for gross proceeds of up to $1,000,000 (the "Offering").The Offering is expected to include $750,000 from Pathfinder Asset Management Ltd. ("PAML") and $250,000 from NameSilo...

Cheelcare Announces Medicare and Medicaid Services Reimbursement Approval for Companion Power Assist Device, Expanding U.S. Market Access

Mon, 26 Jan 2026 07:30:00 -0500

Investment Highlights:U.S. Medicare and Medicaid reimbursement eligibility achieved:The Company has received Pricing, Data Analysis, and Coding ("PDAC") verification, enabling U.S. Medicare and Medicaid reimbursement for its Companion power assist device. Companion is a best-in-class, front-mounted add-on for manual wheelchairs that provides motorized assistance, helping users enable a higher quality of life.Medicare and Medicaid funding removes a key barrier to customer adoption:Medicare...