Streamline Health Solutions (STRM) Improves Liquidity Position, Appoints New Directors
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
Go back to Streamline Health Solutions (STRM) Improves Liquidity Position, Appoints New Directors
February 7, 2024 4:31 PM UTC
Streamline expects $4.5 million of additional liquidity will enable achievement of previously announced adjusted EBITDA breakeven of $15.5 million of installed SaaS ARR during the second half of fiscal 2024
Expanded board of directors with appointment of CEO Benjamin Stilwill and Matthew EtheridgeClosed private placement of unsecured subordinated notes and warrants and private placement of common stock resulting in aggregate gross proceeds of approximately $4.5 millionModified existing senior loan covenants
Atlanta, GA, Feb.... More
