Kovo+ Holdings Inc. News Releases

Kovo+ Announces Forbearance Agreement with Senior Secured Lender and Special Meeting of Shareholders

Fri, 04 Sep 2026 16:41:00 -0400

Calgary, Alberta--(Newsfile Corp. - September 4, 2026) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") announces that, further to its press releases of August 6, 2026 and August 13, 2026, the Company has entered into a forbearance agreement (the "Forbearance Agreement") with Avonlea Ventures #2 Inc. ("AVI"), Kovo's senior secured lender, pursuant to which AVI has agreed to forbear from exercising, subject to the terms and conditions of the Forbearance Agreement, its enforcement...

Kovo+ Announces Special Committee and Strategic Review Process

Thu, 13 Aug 2026 16:30:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 13, 2026) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") announces that, further to its press release of August 6, 2026, the Company's board of directors (the "Board of Directors") has established a special committee of directors (the "Special Committee") to, among other things, lead the Company's evaluation of strategic and financing alternatives in connection with the default notice and demand for repayment (the ("Default Notice")...

Kovo+ Announces Notice of Default and Demand Notice

Thu, 06 Aug 2026 13:02:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 6, 2026) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") announces that it, along with its wholly-owned subsidiaries including, without limitation, Kovo+ (USA) Inc. (formerly Medworxs, Inc.), Nexus AI Data Inc., Heal Global Holdings, Inc., AI Vector 2.0, Inc., Heal Vue, Inc., NOC5280 LLC, RPM Billing LLC, Kovo Acquisitions LLC, Kovo Human Capital LLC, and RSKM, LLC, have received a default notice and demand for repayment (the "Default...

Kovo+ Holdings Inc. Appoints Matthew Woodin as Chief Financial Officer

Tue, 12 May 2026 17:30:00 -0400

Calgary, Alberta--(Newsfile Corp. - May 12, 2026) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") today announced the appointment of Matthew Woodin as Chief Financial Officer, effective May 12, 2026, subject to approval from the TSXV.Woodin joins Kovo with more than 15 years of financial leadership experience in the healthcare sector, spanning provider organizations, payer systems, and multi-state operations. He has served in senior executive roles overseeing strategic financial...

Kovo+ Holdings Announces Resignation and Appointment of Chief Executive Officer

Wed, 24 Sep 2025 18:51:00 -0400

Calgary, Alberta--(Newsfile Corp. - September 24, 2025) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") today announces the resignation of Justin Anderson, Chief Executive Officer, due to health reasons effective immediately. The Board of Directors accepts Mr. Anderson's resignation with deep appreciation for his contributions and thanks him for his service and dedication to Kovo. Michael Steele, a current director of the Corporation, will assume the role of Chief Executive...

Kovo+ Announces Corporate Update

Tue, 02 Sep 2025 23:15:00 -0400

Calgary, Alberta--(Newsfile Corp. - September 2, 2025) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") is pleased to announce that, further to its news release dated July 31, 2025, it has entered into a fourth extension agreement (the "Extension Agreement") with Avonlea Ventures #2 Inc. ("AVI"), Kovo's largest shareholder and secured creditor, whereby AVI has agreed, among other things: (i) to extend the terms of the 2nd Amended & Restated Senior Loan and Security Agreement (the...

Kovo+ Holdings Inc. Secures Lead Order and Strategic Financing Commitments

Fri, 15 Aug 2025 20:26:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 15, 2025) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") has secured lead order and strategic financing commitments. Kovo announces that, further to its news releases dated May 22, 2024, July 24, 2024, September 17, 2024, and December 19, 2024, Avonlea Ventures #2 Inc. ("AVI"), Kovo's largest shareholder and secured creditor, has (i) elected to convert up to $7,230,789 (USD $5,239,702) (the "Indebtedness") into common shares ("Common...

Kovo+ Holdings Inc. Announces Non-Brokered Private Placement

Wed, 06 Aug 2025 09:04:00 -0400

Calgary, Alberta--(Newsfile Corp. - August 6, 2025) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") is pleased to announce an offering of up to 827,820,000 units (each, a "Unit") on a non-brokered private placement basis for gross proceeds of up to approximately $41,391,000 (USD$30,000,000) (the "Offering") at a price of $0.05 per Unit. Each Unit will consist of (i) one common share of the Company and (ii) one-half of one non-transferable common share purchase warrant (a "Warrant")....

Kovo+ Announces Extension of Senior Loan Agreement and Secured Promissory Grid Note, Management Change

Thu, 31 Jul 2025 20:35:00 -0400

Calgary, Alberta--(Newsfile Corp. - July 31, 2025) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") is pleased to announce that, further to its press release of June 30, 2025, it has entered into a third extension agreement (the "Extension Agreement") with Avonlea Ventures #2 Inc. ("AVI"), Kovo's largest shareholder and secured creditor, whereby AVI has agreed: (i) to extend the terms of the 2nd Amended & Restated Senior Loan and Security Agreement (the "Senior Loan Agreement") and...

Kovo+ Announces Extension of Senior Loan Agreement and Secured Promissory Grid Note

Thu, 03 Jul 2025 19:38:00 -0400

Calgary, Alberta--(Newsfile Corp. - July 3, 2025) - Kovo+ Holdings Inc. (TSXV: KOVO) ("Kovo" or the "Company") is pleased to announce that it has entered into a definitive agreement with Avonlea Ventures #2 Inc. ("AVI"), Kovo's largest shareholder and secured creditor, whereby AVI has agreed to extend the terms of the 2nd Amended & Restated Senior Loan and Security Agreement (the "Senior Loan Agreement") and secured promissory grid note (the "Secured Prom Note") for a period of one (1) month,...