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Accendra Health Announces Adoption of Tax Asset Preservation Plan To Protect Long Term Shareholder Value

  • Accendra Health's Board adopted a Section 382 Rights Agreement to protect net operating loss carryforwards & other tax attributes.
  • The plan aims to prevent an "ownership change" under Section 382 by deterring any person or group from acquiring 4.9% or more of common stock.
  • Rights holders may acquire shares at a 50% discount or exchange rights for common stock if an ownership change occurs.
  • The Tax Asset Preservation Plan took effect on August 10, 2026, & is scheduled to expire on August 10, 2029.
  • A Form 8-K containing additional details will be filed with the SEC.
  • The company hosted a conference call on August 10, 2026, to discuss second quarter 2026 financial results via dial-in number 1-888-300-2035 (access code 1058917) & a live webcast.
  • The release includes forward-looking statements regarding future prospects, financial performance, 2026 results, business changes, leadership selection, cost savings, indebtedness, growth, & industry trends.
  • Accendra Health is a nationwide provider of products, technology, & services for home-based care through its Apria & Byram brands.