NextPlat to acquire the remaining stake in Progressive Care.

NextPlat, a global e-Commerce provider, agreed to acquire the remaining stake in Progressive Care, a health services organization. Financial terms were not disclosed. "In consultation with the board, we believe that the long-term value of Progressive Care can best be realized through a combination with NextPlat, thereby making it a wholly owned subsidiary. As a result of this business combination, we expect to quickly realize an array of valuable synergies from additional top-line growth to improved bottom-line profitability. Progressive Care's continued success provides us with great confidence it is ability to contribute positively to the value of NextPlat as we seek to further expand our access into the large personalized healthcare services marketplace," Charles M. Fernandez, NextPlat Executive Chairman and CEO.