NextPlat appoints permanent Chairman and CEO; reports business refocusing progress

NextPlat Corp

Rodney Barreto appointed permanent Chairman; David Phipps permanent CEO, succeeding interim roles after May CEO death.
Healthcare segment secured a prescription management subcontract with a government contractor.
Added three new 340B clinic contracts in Q3; three more expected to start early Q4.
Lease termination of Coconut Grove facility to reduce annual overhead by ~$240k starting 2026.
Company initiated share repurchase program in Q3 2025 and consolidated headquarters.

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