Shares of the leading firm in delivering high-quality, non-acute care services that enable older Americans to age in place, Clearday, Inc. (OTCQB:SCOND) jumped 14.47% to $3.56 at the close of the weekend session. Over the past week, SCOND Stock performance has been 3.19%, compared to 63.30% over the past month. The price of SCOND stock rose as it announced a new ticker symbol would be issued soon.
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Why has SCOND been trading with a new symbol?
With a vision to make high quality healthcare more accessible, affordable, and empowered, Clearday is a non-acute longevity health care services company. As a subsidiary of SCOND, Memory Care America operates highly rated residential communities for dementia care in four states, providing non-acute longevity care for over a decade. With its digital service Clearday at Home, SCOND brings together telehealth, SaaS, and subscription-based content in a single platform.
Clearday recently announced that the company will change its trading symbol to “CLRD” on October 8, 2021. The company’s current ticker symbol “SCOND” will continue to be traded on the OTCQB until October 7, 2021. SCOND changed its ticker symbol following its merger with Superconductor Technologies, Inc. (STI) as well as the continuation of Clearday’s longevity care services business, including “Clearday at Home”.
Moving forward, SCOND will continue to focus on its mission to develop new nonacute care models that extend the ability to live at home, extend their quality of life, and delay the need for residential care for people with Alzheimer’s, dementia, and other chronic, lifestyle-limiting conditions.
In addition to a range of innovative services, SCOND offers business-to-business partnerships that enable traditional home care and home health services businesses to enhance and elevate their services for clients.
Earlier Recently, Clearday announced the completion of the previously announced merger between Allied Integral United, Inc. (AIU) and Superconductor Technologies, Inc. (STI), and the name of the company was changed to Clearday, Inc.
Clearday, Inc. committed to move forward with its mission of delivering innovative, new non-acute care models that enable people with Alzheimer’s, dementia, and other chronic, lifestyle-limiting conditions to live in the community and delay the need for residential care.
What will the merger mean for SCOND?
As a result of the completed merger, Clearday (SCOND) has access to public markets which allows it to accelerate the expansion of key service offerings and B2B partnerships. SCOND, through the merger and previously announced strategic partnerships – such as an advisory and development agreement with Sterling Select Group – is better positioned to launch the new products faster.