Full Press Release Details
Group, Inc. Announces Name Change to
FL / ACCESSWIRE / May 28, 2021 / TRxADE Group, Inc. (NASDAQ: MEDS), a health services IT company focused on digitalizing the
retail pharmacy experience by optimizing drug procurement, the prescription journey and patient engagement in the U.S., today
announced that the Company will be changing its name to TRxADE HEALTH, Inc., effective Tuesday, June 1, 2021, to reflect its new
mission and strategic direction of the business.
name change does not affect the rights of the Company's stockholders, creditors, customers or suppliers. The Company's
common stock will continue to trade on the NASDAQ Capital Market under the current trading symbol "MEDS". The
Company's current stockholders will not need to exchange their current stock certificates as the stock certificates reflecting
the Company's prior corporate name will continue to be valid. The name change is expected to be effective on The Nasdaq
Capital Market on Tuesday, June 1, 2021.
2020, we formed several companies focused on digitalizing the retail pharmacy experience by optimizing drug procurement, the prescription
journey and patient engagement in the U.S. We believe the name "TRxADE HEALTH, INC." will better describe the changed
focus of the Company, to a health services IT company focused on digitalizing the retail pharmacy experience," said Suren
Ajjarapu, Chief Executive Officer of the Company.
Group (NASDAQ: MEDS) is a health services IT company focused on digitalizing the retail pharmacy experience by optimizing drug
procurement, the prescription journey and patient engagement in the U.S. The Company operates the TRxADE drug procurement marketplace
serving a total of 12,100+ members nationwide, fostering price transparency and under the Bonum Health brand, offering patient
centric telehealth services. For more information on TRxADE Group, please visit the Company's IR website at investors.trxadegroup.com.
| Investor Relations: |
| Lucas Zimmerman |
| Senior Vice President |
| MZ Group - MZ North America |
| (949) 259-4987 |
| MEDS@mzgroup.us |
| www.mzgroup.us |
| SOURCE: Trxade Group, Inc. |