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Off-market insider buying at SQI Diagnostics (V:SQD)

Updated Thursday Nov 04, 2021 03:53 AM EDT

Gerald R. Connor, a Director and 10% Holder, acquired 7,017,544 Common Shares on an indirect ownership basis for registered holder Connor South East Holding Corp. at a price of $0.190 through a prospectus or prospectus exempt offering on November 1st, 2021. The insider also acquired 7,017,544 Warrants with an exercise price of $0.250 for five long years. This represents a $1,333,333 investment into the company's shares and an account share holdings change of 7.9%.

Wilmot Leslie Matthews, a Director and 10% Holder, also acquired 7,017,544 Common Shares and 7,017,544 Warrants on a direct ownership basis. This represents an account share holdings change of 8.1%. But there is more. Clive Beddoe, CEO, Director and 10% Holder, also acquired 7,017,543 Common Shares and  7,017,543 Warrants on an indirect ownership basis for registered holder Hanover Investments Corporation Ltd. This represents an account share holdings change of 7.6%.

SQI Diagnostics is in the Advanced Medical Equipment & Technology Sub Industry Group under the Healthcare Sector.

SQI Diagnostics Inc. is a Canada-based life sciences and diagnostics company. The Company develops and commercializes technologies and products for advanced microarray diagnostics. Its microarray tests and fully automated systems are designed to simplify protein and antibody testing workflow. Its products include COVID-19 testing solutions, home testing, TORdx LUNG test and custom diagnostics. Its COVID-19 testing solutions include COVID-19 HOME Antibody Test Kit, RALI-fast COVID-19 Severity Triage POC Test and RALI-Dx COVID-19 Severity Triage Lab Test. Its home testing solutions offers tests to identify the early indication of two autoimmune diseases, Celiac Disease and Rheumatoid Arthritis, providing to confirm and identify early diagnosis for timely care and treatment. It is developing the TORdx LUNG Test, a diagnostic, which assessing the health of donor lungs. Its custom diagnostics solutions provide generating gold-standard data for the global life science research market.

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Go to SQI Diagnostics Inc. (SQD)'s company page

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