NextPlat Corp

NextPlat Corp. engages in the provision of satellite based services and solutions for commercial, government and individual users. The firm’s services include satellite communication solutions, emergency location systems, high-speed satellite internet and global asset and personnel monitoring, customized ground station systems and custom product design. It also focuses on the distribution, development and reselling of satellite enabled communications hardware. The company was founded in 1997 and is headquartered in Coconut Grove, FL.

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of NextPlat Corp (the “Company”) (NasdaqCM: NXPL) and Progressive Care Inc. (OTC: RXMD). KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to NextPlat shareholders. If you would like to discuss your legal rights regarding the proposed trans.

NEXTPLAT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of NextPlat Corp - NXPL

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of NextPlat Corp (NASDAQ: NXPL) and Progressive Care Inc. is fair to NextPlat shareholders. Halper Sadeh encourages NextPlat shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether NextPlat and its board violated the fe.

NXPL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of NextPlat Corp Is Fair to Shareholders

NextPlat Corp. (NASDAQ: NXPL) shares surged nearly 30% on Friday after the announcement of a definitive business combination agreement with its majority-owned subsidiary, Progressive Care Inc. (OTCQB: RXMD).

NextPlat Corp shares are soaring today, here's why

NextPlat (NASDAQ: NXPL ) stock is up on Friday after the mobile satellite services company proposed a merger with its majority-owned subsidiary Progressive Care (OTCQB: RXMD ). NextPlat will use a wholly-owned subsidiary to combine with Progressive Care, which will result in it surviving the merger but switching to the Progressive Care name.

Why Is NextPlat (NXPL) Stock Up 34% Today?

Transaction Expected to Provide Revenue Synergies and Significant Initial Annual Operating Cost Reductions COCONUT GROVE, Fla. and MIAMI , April 12, 2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-Commerce provider, today announced that it has entered into a definitive business combination agreement with its majority owned subsidiary, Progressive Care Inc. (OTCQB: RXMD) ("Progressive Care").

NextPlat Announces Proposed Business Combination with Progressive Care Inc.

Company Expands Healthcare and Technology Focus Through the Launch of its E-Commerce Development Program with Alibaba's Tmall Global and Strategic Investment in Progressive Care Inc. COCONUT GROVE, Fla. , April 11, 2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-Commerce provider, today announced the financial results for the fiscal year-ended December 31, 2023 which consolidates the operations of its e-commerce business with the results of its healthcare operations, Progressive Care Inc. (OTCQB: RXMD) ("Progressive Care").

NextPlat Reports Consolidated Year-End 2023 Results with Increased Revenues of $37.8 Million, Record Annual Margins of 30% and $26.3 Million in Cash

Accretive Acquisition to More Than Double North American Technology E-Commerce Product Sales and Recurring Revenue through Consumer, Commercial and Government Customer Sales COCONUT GROVE, Fla. , March 26, 2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-Commerce provider, today announced the significant expansion of its North American e-commerce business with the acquisition of Outfitter Satellite Inc. ("Outfitter") through an all-cash transaction.

NextPlat Expands North American Technology E-Commerce Business with Acquisition of Outfitter Satellite Inc.

New Health and Wellness E-Commerce Storefront Launches After Receiving All Required Approvals with Initial Selection of OPKO Health Products COCONUT GROVE, Fla. , Feb. 28, 2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-Commerce provider, today announced that its exclusive OPKO Health-branded storefront on Alibaba Group Holding Limited's ("Alibaba")(NYSE: BABA) Tmall Global in China has received all required approvals and is scheduled to officially launch on March 1 st.

NextPlat Opens OPKO Health-Branded Storefront on Alibaba's Tmall Global Platform in China on March 1st

E-Commerce Storefront to Initially Support Sales of up to 40 Personal Health and Wellness Products; Final International Certifications and Approvals Required for Formal Launch Expected This Quarter COCONUT GROVE, Fla. , Feb. 5, 2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-Commerce provider, is preparing for the launch of its exclusive OPKO Health-branded storefront on Alibaba Group Holding Limited's ("Alibaba")(NYSE: BABA) Tmall Global in China following receipt of the initial set of approvals required to operate the store in the country.

NextPlat Receives Initial Approvals to Launch OPKO Health-Branded Storefront on Alibaba's Tmall Global Platform in China

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Company Sees Double-Digit Growth at Both its Healthcare and e-Commerce Operations; Balance Sheet Features $26.3 Million in Cash to Help Accelerate Growth COCONUT GROVE, Fla. , Nov. 14, 2023 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-Commerce provider, today announced the financial results for the three months ended September 30, 2023 which consolidates the operations of its e-commerce business with the results of its healthcare operations, Progressive Care, Inc. (OTCQB: RXMD) ("Progressive Care").

NextPlat Reports Consolidated Third Quarter 2023 Results with Increased Revenues of $15.3 Million, Margins Improve to 30% and $2.7 Million Net Income

New E-Commerce Agreement Enables NextPlat to Offer OPKO's Nutraceutical and Veterinary Products for Sale to Chinese Consumers COCONUT GROVE and MIAMI, FL / ACCESSWIRE / October 12, 2023 / NextPlat Corp (NASDAQ:NXPL)(NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider, today announced that through a new e-commerce distribution agreement, it will enable the online sales of OPKO Health Europe, a subsidiary of OPKO Health, Inc. (NASDAQ:OPK) products in China. Under the terms of the agreement, NextPlat will launch a OPKO Health-branded online storefront on Alibaba Group Holding Limited's (NYSE:BABA) ("Alibaba") Tmall Global e-commerce platform in China featuring an assortment of nutraceutical and veterinary products sold and distributed by OPKO Europe.

NextPlat's Florida E-Commerce Development Program to Launch the Online Sales of OPKO Healthcare Products in China on Alibaba's Tmall Global

Company Increases Strategic Ownership of Progressive Care Inc. as it Expands its Exposure to the Rapidly Growing Healthcare Sector COCONUT GROVE, FL / ACCESSWIRE / August 14, 2023 / NextPlat Corp (NASDAQ:NXPL)(NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider, today announced financial results for the three months ended June 30, 2023. "During the second quarter, we were able to build upon the strength and new capabilities of our global e-commerce platform to expand the scale and scope of our offerings and grow our presence in key consumer geographies including the United States and Asia.

NextPlat Announces Second Quarter 2023 Results

COCONUT GROVE, FL / ACCESSWIRE / June 26, 2023 / NextPlat Corp (NASDAQ:NXPL)(NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider, today announced that it has joined the Russell Microcap®Index following the conclusion of the 2023 Russell indexes annual reconstitution, effective today after the US market opened on June 26, 2023. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.

NextPlat Corp Announces Inclusion in the Russell Microcap(R) Index

New Offerings Including Healthcare and Alibaba Tmall Global Partnership for Sales in China to Drive Future Growth COCONUT GROVE, FL / ACCESSWIRE / May 15, 2023 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider, today announced financial results for the three months ended March 31, 2023. "First quarter results demonstrate the early benefits and value of our recent investments into NextPlat's global e-commerce infrastructure which has allowed us to enter 2023 with a greatly enhanced capability on a global scale.

NextPlat Announces First Quarter 2023 Results

COCONUT GROVE, FL / ACCESSWIRE / May 11, 2023 / NextPlat Corp (NASDAQ:NXPL)( NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it has completed an additional $1 million investment in Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company ("Progressive Care"). In connection with the $1 million investment, NextPlat purchased 455,000 newly issued Units of Progressive Care, with each Unit comprised of one share of Progressive Care's Common Stock and one Warrant to purchase a share of Common Stock at a per Unit purchase price of $2.20.

NextPlat Strengthens Ties to Progressive Care Inc. Investing an additional $1 Million; and Explores the Possible Spinoff of its Global Telesat and Orbital Satcom Business Units

Program to Leverage NextPlat's Global Capabilities and Partnership and Feature Alibaba's Tmall Global to Help Businesses Reach Millions of New Potential International Customers in China COCONUT GROVE, FL / ACCESSWIRE / April 21, 2023 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider, and Alibaba Group Holding Limited ("Alibaba") today announced they have entered into a merchant sourcing agreement whereby the two companies will collaborate to increase the sale of products produced and sold by American companies to the multi-trillion-dollar Chinese consumer market. The agreement gives NextPlat the right to utilize Alibaba's Tmall Global e-commerce platform for use by NextPlat's Customers in the sale of their products to the Chinese consumer market and will provide NextPlat Customers a turn-key solution through which products can be sold to the Chinese consumer market.

NextPlat Signs Merchant Sourcing Agreement with Alibaba Group Launches New E-Commerce Program to Provide American Businesses Easy Access to Chinese Consumer Market

COCONUT GROVE, FL / ACCESSWIRE / April 13, 2023 / NextPlat Corp (NASDAQ:NXPL)(NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that on April 11, 2023, the Company completed the previously disclosed private placement transaction pursuant to which the Company sold to an accredited investor (the "Investor") 3,428,571 shares of the Company's common stock, $0.0001 par value per share. Upon the completion of the private placement transaction, NextPlat received gross proceeds of approximately $6.0 million.

NextPlat Announces Completion of $6.0M Private Offering of Common Stock Priced Above Market

COCONUT GROVE, FL / ACCESSWIRE / April 6, 2023 / NextPlat Corp (NASDAQ:NXPL)(NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it executed a binding Securities Purchase Agreement (the "Purchase Agreement") on April 5, 2023 with a strategic, accredited investor (the "Investor"), pursuant to which the Company agreed to sell 3,428,571 shares of the Company's common stock, $0.0001 par value per share (the "Common Stock"). The offering price of the Common Stock was $1.75 per share, the closing price of the Common Stock on April 4, 2023.

NextPlat Announces $6.0M Private Offering of Common Stock Priced At Market

Program to Leverage NextPlat's Global Capabilities and Partnerships to Help Businesses Reach Millions of New Potential International Customers COCONUT GROVE, FL / ACCESSWIRE / April 4, 2023 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it is launching the first in a series of new e-commerce development programs designed to assist businesses in expanding their existing online sales capabilities to reach new international customers in the Chinese market. Launching in April, the initial program, in coordination with local chambers of commerce, will help Florida-based businesses and manufacturers market and sell their products to potentially millions of new customers.

NextPlat Launches New E-Commerce Development Program Enabling Florida-Based Businesses to Quickly Access Global International Markets in Asia

Company Makes Strategic Investment into High-Growth Healthcare Markets Supported by Expanded Management Team and Technology Infrastructure COCONUT GROVE, FL / ACCESSWIRE / March 31, 2023 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider, today announced financial results for the full year ended December 31, 2022. "We are pleased to have ended 2022 with continued record top-line performance.

NextPlat Announces Record Full Year 2022 Revenue as Sales Increase Over 51%

COCONUT GROVE, FL / ACCESSWIRE / January 27, 2023 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that its 2023 Annual Meeting of Stockholders will be held on Wednesday, May 31, 2023 and that shareholders of record as of the close of business on April 6, 2023 shall be entitled to vote at the annual meeting and any adjournment thereof. The 2023 Annual Meeting will be a completely virtual meeting conducted via webcast.

NextPlat Announces 2023 Annual Meeting to be Held on Wednesday, May 31, 2023

COCONUT GROVE, FL / ACCESSWIRE / December 14, 2022 / NextPlat Corp (NASDAQ:NXPL)(NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that on December 14, 2022, the Company completed the previously disclosed private placement transaction pursuant to which the Company sold to a number of institutional and accredited investors (the "Investors") 4,575,429 units (each, a "Unit"), each Unit consisting of (i) one share of the Company's common stock, $0.0001 par value per share (the "Common Stock"), and (ii) one warrant to purchase a share of Common Stock. The offering price of the Units was $1.75 per Unit.

NextPlat Announces Completion of $8.0M Private Offering of Common Stock and Warrants Priced Above Market

COCONUT GROVE, FL / ACCESSWIRE / December 12, 2022 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it executed a binding Securities Purchase Agreement (the "Purchase Agreement") on December 9, 2022 with a number of institutional and accredited investors (the "Investors"), pursuant to which the Company agreed to sell 4,575,429 units (each, a "Unit"), each Unit consisting of one share of the Company's common stock, $0.0001 par value per share (the "Common Stock"), and (ii) one warrant to purchase a share of Common Stock. The offering price of the Units was $1.75 per Unit.

NextPlat Announces $8.0M Private Offering of Common Stock and Warrants Priced Above Market

COCONUT GROVE, FL / ACCESSWIRE / December 5, 2022 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it has expanded its executive leadership team with the hirings of Cecile Munnik, CPA/CA, as Chief Financial Officer and Robert Bedwell as Chief Compliance Officer. On November 14, 2022, Ms.

NextPlat Expands Executive Leadership Team with the Hiring of Cecile Munnik, CPA/CA, as Chief Financial Officer and Robert Bedwell as Chief Compliance Officer

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