American Oncology Network Announces the Commencement of OTCQX Trading
10 Junho 2024 - 8:15AM
American Oncology Network, Inc. (AON) (OTCQX: AONC), a
rapidly-growing network of community-based oncology practices,
today announced it has qualified to trade on the OTCQX® Best
Market. AON previously traded on NASDAQ.
The OTCQX Best Market provides value and convenience to U.S.
investors, brokers and institutions seeking to trade AONC. The
OTCQX Best Market is OTC Markets Group’s premier market for
established, investor-focused U.S. and international companies. It
offers investors transparent trading in companies that meet high
financial standards, follow best practice corporate governance, and
demonstrate compliance with U.S. securities laws. OTCQX quality
standards provide a strong baseline of transparency, as well as the
technology and regulation to improve the information and trading
experience for investors.
“We’re pleased to qualify for the OTCQX Market to provide
investors transparent trading at OTC Markets Group’s highest tier,"
said Todd Schonherz, AON’s chief executive officer. “Trading on
OTCQX will provide shareholders transparency and convenience as we
continue to expand our reach and provide patients quality,
affordable, and accessible cancer care in communities across the
nation. We are confident in the long-term value creation
opportunity of our business as we look forward to continuing to
update the market on our performance in the coming quarters.”
Class A Common Stock of American Oncology Network, Inc. begins
trading today on OTCQX under the symbol “AONC.” Warrants of
American Oncology Network, Inc. begins trading today on the OTCQB
under the symbol “AONCW.” U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
About OTC Markets Group, Inc.OTC Markets Group,
Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000
U.S. and international securities. Our data-driven disclosure
standards form the foundation of our three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open Market. Our OTC
Link® Alternative Trading Systems (ATSs) provide critical
market infrastructure that broker-dealers rely on to facilitate
trading. Our innovative model offers companies more efficient
access to the U.S. financial markets. OTC Link ATS, OTC Link ECN
and OTC Link NQB are each an SEC regulated ATS, operated by OTC
Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To
learn more about how we create better informed and more efficient
markets, visit www.otcmarkets.com.
About American Oncology Network, Inc.American
Oncology Network, Inc. (AON) (OTCQX: AONC) is an alliance of
physicians and seasoned healthcare leaders partnering to ensure the
long-term success and viability of community oncology and other
specialties. Founded in 2018, AON’s rapidly expanding network
represents more than 240 providers practicing across 21 states. AON
pioneers innovative healthcare solutions through its physician-led
model, fostering value-based care that improves patient outcomes
while reducing costs and expanding access to quality care. AON
equips its network physicians with the tools they need to thrive
independently while providing comprehensive support, integrated
revenue-diversifying ancillary services, and practice management
expertise, enabling physicians to focus on what matters most –
providing the highest standard of care for every patient. AON is
committed to promoting health equity by addressing disparities in
cancer care and ensuring that all patients have access to the care
they need to achieve optimal health outcomes. With a focus on
innovation and collaboration, AON is shaping the future of
community oncology. Learn more at www.AONcology.com.
Forward-Looking StatementsCertain statements in
this press release are forward-looking statements. Forward-looking
statements generally relate to future events including future
financial or operating performance of American Oncology Network,
Inc. (“AON”). Forward-looking statements generally relate to future
events or AON’s future financial or operating performance. For
example, projections of future revenue and other metrics are
forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as “may”, “should”,
“expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”,
“predict”, “potential” or “continue”, or the negatives of these
terms or variations of them or similar terminology. Such
forward-looking statements are subject to risks, uncertainties, and
other factors that could cause actual results to differ materially
from those expressed or implied by such forward-looking statements.
These forward-looking statements are based upon estimates and
assumptions that, while considered reasonable by AON and its
management, are inherently uncertain and are inherently subject to
risks, variability and contingencies, many of which are beyond
AON’s control. Factors that may cause actual results to differ
materially from current expectations include, but are not limited
to: (1) the ability to recognize the anticipated benefits of the
Business Combination, which may be affected by, among other things,
competition, the ability of the combined company to grow and manage
growth profitably, maintain key relationships and retain its
management and key employees; (2) costs related to operating as a
public company (3) changes in applicable laws or regulations; (4)
the possibility that AON may be adversely affected by other
economic, business, and/or competitive factors; (5) AON’s estimates
of expenses and profitability; and (6) other risks and
uncertainties set forth in the section entitled “Risk Factors” and
“Cautionary Note Regarding Forward-Looking Statements” in AON’s
annual report on Form 10-K filed with the SEC on March 28, 2024, as
amended, and in its quarterly reports and current reports
subsequently filed with the SEC. AON cautions that the foregoing
list of factors is not exclusive or exhaustive and investors should
not place undue reliance upon any forward-looking statements,
including projections, which speak only as of the date made. If any
of these risks materialize or AON’s assumptions prove incorrect,
actual results could differ materially from the results implied by
these forward-looking statements. There may be additional risks
that AON does not presently know or that AON currently believes are
immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
forward-looking statements reflect AON’s expectations, plans or
forecasts of future events and views as of the date of this
communication. New AON anticipates that subsequent events and
developments will cause AON’s assessments to change. However, while
AON may elect to update these forward-looking statements at some
point in the future, AON specifically disclaims any obligation to
do so, unless required by applicable law. These forward-looking
statements should not be relied upon as representing AON’s
assessments as of any date subsequent to the date of this
communication. AON does not give any assurance that AON will
achieve its expectations. Accordingly, undue reliance should not be
placed upon the forward-looking statements.
Investor Contact:Solebury Strategic
CommunicationsInvestors@AONcology.com
Media Contact:Karen Riley
SawyerKaren.Sawyer@AONcology.com
American Oncology Network (NASDAQ:AONC)
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