NextPlat shareholders approve merger with Progressive Care; closing expected Oct 1, 2024

NextPlat Corp

Business combination approved by NextPlat and Progressive Care shareholders at September 13 meetings.
Progressive Care shareholders to receive 1.4865 NextPlat shares per Progressive Care share.
All six proposals at NextPlat annual meeting passed, including election of eight directors and auditor ratification.
Anticipated closing date October 1, 2024, subject to remaining closing conditions.
Progressive Care common stock (OTCQB: RXMD) to cease trading post-closing.

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