Akumin Inc.

Akumin Inc. is established as a leading provider of freestanding, fixed site outpatient diagnostic imaging services in the United States, standing at the forefront of the regional healthcare service market. Founded to meet the demand for decentralized clinical solutions, the company operates with an experienced executive management team focused on delivering high quality, patient centered innovation.

The Company’s operations are anchored by an expansive geographic network of 71 owned and operated imaging centres strategically located across Florida, Pennsylvania, Delaware, Texas, Illinois, and Kansas. By combining its deep clinical expertise with the latest advances in technology and information systems, Akumin provides referring physicians with advanced imaging capabilities to facilitate the diagnosis and treatment of diseases. These modernized procedures effectively reduce unnecessary invasive protocols, successfully minimizing both the overall cost and amount of required care for patients.

PowerOne Capital Markets Limited acted as an early shareholder and continues to work closely alongside corporate management to support long term growth. Demonstrating strict financial and strategic alignment, PowerOne has structured multiple successive financing rounds for the issuer, including serving as a finder for a US$3.5 million non-brokered financing in August 2015 and a US$5.6 million non-brokered financing in May 2016. PowerOne further accelerated the company’s capital pathway by acting as co-lead agent for a US$10.5 million financing in March 2017 and a US$34.8 million financing in August 2017.

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