Vancouver, British Columbia–(Newsfile Corp. – December 6, 2022) –  wellteq Digital Health Inc. (CSE: WTEQ) (OTCQB: WTEQF), (the “Company” or “wellteq”), introduced as we speak that it has efficiently accomplished its beforehand introduced plan of association with Advanced Human Imaging Ltd (NASDAQ: AHI) (ASX: AHI)  (“AHI“) whereby AHI acquired the entire excellent widespread shares of wellteq (the “wellteq Shares“) by the use of a courtroom accredited plan of association (the “Arrangement“). Wellteq confirms that, in accordance with the association settlement between wellteq and AHI dated September 2, 2022 (the “Arrangement Agreement“), Scott Montgomery, the CEO and a director of wellteq, was appointed because the CEO and Executive Director of AHI, and Peter Vaughan, Chair of the Wellteq board of administrators, was appointed as non-executive director of AHI.

In reference to the Arrangement, the previous shareholders of wellteq (“wellteq Shareholders“) are entitled to obtain one extraordinary share of AHI (a “Consideration Share“) for each six wellteq Shares beforehand held. Registered wellteq Shareholders are reminded to finish, signal and return the letter of transmittal supplied with the supplies for the particular assembly of wellteq Shareholders held on November 24, 2022 (the “Meeting“), along with the certificates(s) / DRS recommendation(s) representing their wellteq Shares as indicated within the letter of transmittal. Non-registered or helpful wellteq Shareholders who maintain their wellteq Shares by way of a dealer, funding supplier, nominee or different middleman or depository (an “Intermediary“) ought to contact their Intermediary for directions and help in depositing their wellteq Shares and receiving their Consideration Shares, and to substantiate if their Intermediary has made preparations for his or her Consideration Shares to be deposited into CHESS.

As introduced in wellteq’s information launch dated November 24, 2022, the Plan of Arrangement had beforehand been accredited by the wellteq Shareholders on the Meeting. The Supreme Court of British Columbia issued a closing order approving the Arrangement on November 30, 2022. wellteq intends to use to have the wellteq Shares delisted from the Canadian Securities Exchange and to stop to be a reporting issuer. Additional info concerning the phrases of the Arrangement and the Plan of Arrangement are set forth in wellteq’s administration info round dated October 24, 2022, wellteq’s information releases dated September 2, 2022, November 24, 2022, and November 30, 2022 and the Arrangement Agreement, copies of which can be found below wellteq’s profile at www.sedar.com.

About Advanced Human Imaging Ltd

AHI delivers scalable well being evaluation, danger stratification and digital triage to healthcare suppliers, insurers, employers and authorities businesses. Since 2014, AHI has been delivering Health-tech innovation utilizing smartphones, beginning with the world’s first on-device physique dimensioning functionality. AHI has developed and been issued international patents in all main markets, securing and bringing forth the following frontier in digitizing healthcare with a collection of componentized options.

AHI has assembled a world-class group of machine studying, AI, and laptop imaginative and prescient consultants together with medically skilled information scientists to develop the world’s most complete mobile-phone-based danger evaluation device culminating in: physique dimension and composition evaluation; Digital Blood biomarker prediction, together with HbA1C, HDL, LDL, and 10-year mortality danger; FaceScan utilizing Transdermal Optical Imaging to return important indicators and heart problems danger estimates; DermaScan, on-device dermatological pores and skin identification with over 588 pores and skin situations throughout 133 classes (inc. melanoma); and personalised therapeutic and non-therapeutic well being teaching to enhance each day habits and construct well being literacy.

With a concentrate on influence at scale, AHI is proud to showcase this milestone in digital healthcare transformation, delivering a biometrically pushed triage answer, all accessible on and through a smartphone. With these superior applied sciences, AHI helps its companions escalate sufferers into right-care pathways for proactive well being administration at a inhabitants scale.

This supply of proprietary capabilities ushers forth an period of cost-effective well being accessibility for billions of smartphone customers worldwide. In doing so, AHI endeavors to place the facility of prospects within the palms of worldwide communities, empowering individuals to take management of their journey to higher well being outcomes.

For extra info on Advanced Human Imaging go to http://www.ahi.tech.

About wellteq Digital Health Inc.

wellteq, included below the legal guidelines of the Province of British Columbia, Canada, is a world digital well being supplier, empowering individuals to be more healthy and happier by teaching lasting behaviour change by delivering a digital well being platform to employers and insurance coverage company clients, who in flip supply it to their staff and coverage holders, respectively. wellteq offers the supportive behavioural change that coaches individuals by way of way of life enhancements. wellteq brings collectively a group of actual individuals, related by a shared goal: to teach the world to higher well being. To study extra, go to http://www.wellteq.co.

For extra info, please contact:

Scott Montgomery, CEO of wellteq Digital Health Inc. at (604) 639-4529.

Cautionary Note Regarding Forward-Looking Statements:

This information launch accommodates info or statements that represent “forward-looking statements.” Such ahead trying statements contain identified and unknown dangers, uncertainties and different elements which will trigger precise outcomes, efficiency or achievements, or developments to vary materially from the anticipated outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that aren’t historic information and are, however not at all times, recognized by phrases reminiscent of “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and comparable expressions, or that occasions or situations “will,” “would,” “may,” “could” or “should” happen.

Forward trying info might embrace, with out limitation, statements concerning the delisting of the wellteq Shares from the Canadian Securities Exchange and ceasing to be a reporting issuer, the operations, enterprise, monetary situation, anticipated monetary outcomes, efficiency, prospects, alternatives, priorities, targets, targets, ongoing targets, milestones, methods, and outlook of wellteq, and consists of statements about, amongst different issues, future developments and the longer term operations, strengths, and techniques of wellteq. Forward-looking info is offered for the aim of presenting details about administration’s present expectations and plans referring to the longer term and readers are cautioned that such statements might not be acceptable for different functions. These statements shouldn’t be learn as ensures of future efficiency or outcomes.

The forward-looking statements made on this information launch are primarily based on administration’s assumptions and evaluation and different elements that could be drawn upon by administration to type conclusions and make forecasts or projections, together with administration’s expertise and assessments of historic developments, present situations and anticipated future developments. Although administration believes that these assumptions, analyses, and assessments are cheap on the time the statements contained on this information launch are made, precise outcomes might differ materially from these projected in any forward-looking statements. Examples of dangers and elements that would trigger precise outcomes to materially differ from forward-looking statements might embrace: the timing and unpredictability of regulatory actions; regulatory, legislative, authorized or different developments with respect to its operations or enterprise; restricted advertising and gross sales capabilities; early stage of the business and product improvement; restricted merchandise; reliance on third events; unfavourable publicity or shopper notion; common financial situations and monetary markets; the influence of accelerating competitors; the lack of key administration personnel; capital necessities and liquidity; entry to capital; the timing and quantity of capital expenditures; the influence of COVID-19; shifts within the demand for wellteq’s merchandise and the scale of the market; patent legislation reform; patent litigation and mental property; conflicts of curiosity; and common market and financial situations.

The forward-looking info contained on this information launch represents the expectations of wellteq as of the date of this information launch and, accordingly, is topic to alter after such date. Readers shouldn’t place undue significance on forward-looking info and shouldn’t depend on this info as of every other date. wellteq undertakes no obligation to replace these forward-looking statements if administration’s beliefs, estimates or opinions, or different elements, ought to change.

The CSE has neither accredited nor disapproved the contents of this information launch.

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/146904