Retail

Pursuant Health cash infusion reduces company debt

Image provided by Pursuant Health.

June 28, 2022

Pursuant Health, a health data management platform with a network of 4,600 retail health kiosks that provide health screenings, has completed a recapitalization that provides $4.3 million of cash and reduces the company's debt from $16.7 million to $2.3 million, according to a press release.

"This is excellent news for the future of the company and the progression of our product initiatives, most notably the introduction of imaging technology to expand the frontier of non-invasive health screening," Donnie Helms, CFO, said in the press release.