Newsroom

Members of the media interested in speaking with Akumin are asked to contact the communications department at media@akumin.com in advance of any interview opportunities.

Wed, Nov 14, 2018
Akumin Inc. Announces Third Quarter Fiscal 2018 Financial Results
November 14, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended September 30, 2018 (“Q3 Fiscal 2018”).

Mon, Nov 12, 2018
Akumin Inc. Acquires Five Diagnostic Centers with US$19 Million Revenues in Florida
November 12, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U; AKU) (“Akumin” or the “Corporation”) announced today it has acquired four freestanding, outpatient diagnostic imaging centers in Broward County from Diagnostic Professionals, Inc. and related parties effective November 9, 2018.

Fri, Nov 2, 2018
Akumin to Host Third Quarter 2018 Financial Results Call on November 14, 2018
November 2, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) will host a conference call at 8:30 a.m. Eastern Time, November 14, 2018, to discuss its third quarter 2018 financial results.

Mon, Sep 24, 2018
Akumin Inc. Starts Dual Currency Trading with Canadian Dollar Listing Under AKU Symbol
TORONTO, Sept. 24, 2018 /CNW/ – Akumin Inc. (TSX: AKU, AKU.U) (“Akumin” or the “Corporation”) announced today it has listed its common shares in Canadian dollars on the Toronto Stock Exchange under the symbol “AKU” in addition to its existing United States dollar listing on the Toronto Stock Exchange under the symbol “AKU.U”.

Wed, Aug 15, 2018
Akumin Inc. Closes 5-Year US$130 million New Credit Facilities
August 15, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today its subsidiary, Akumin Corp., has closed credit facilities for a principal amount of US$130 million with a syndicate of lenders, consisting of a term loan facility for $100 million and a revolving credit facility for US$30 million.

Wed, Aug 15, 2018
Akumin Inc. Acquires 11 Diagnostic Centers in Florida for US$25 million
August 15, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today it has acquired 11 freestanding, outpatient diagnostic imaging centers operated by Rose Radiology Centers, Inc. in the Tampa Bay Area, Florida as well as a new center expected to commence operations by the end of this quarter.

Mon, Aug 13, 2018
Akumin Inc. Announces Second Quarter Fiscal 2018 Financial Results
August 13, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended June 30, 2018 (“Q2 Fiscal 2018”).

Wed, Aug 1, 2018
Akumin Inc. Agrees to Acquire US$27.5 Million Revenue Business in Florida
August 1, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today it has, through a subsidiary and other related parties, entered into a definitive agreement to acquire a freestanding, fixed-site outpatient diagnostic imaging business located in Florida.

Thu, May 24, 2018
Akumin Inc. Closes Previously Announced Acquisitions of Non-Controlling Interests for $21.6 Million
Thursday, May 24, 2018 – Toronto, ON – Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin”) announced today that its wholly owned subsidiary, Preferred Medical Imaging, LLC, has completed its previously announced acquisitions of all of the outstanding non-controlling interests in seven of its existing Texas-based diagnostic imaging centers (the “Acquisitions”).

Tue, May 15, 2018
Akumin Inc. Announces First Quarter Fiscal 2018 Financial Results
May 15, 2018 – Toronto, ON – Akumin Inc. (TSX: AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended March 31, 2018 (“Q1 Fiscal 2018”).  

Fri, May 11, 2018
Akumin Closes Previously Announced Acquisition of Four Centers in Florida
May 11, 2018 – Toronto, ON – Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin”) announced today that, though a subsidiary, it has closed its acquisition of certain of the assets of four centers located in Florida, one of Akumin’s core geographic markets.

Wed, May 2, 2018
Akumin Announces Closing of US$35 Million Bought Deal Offering
Toronto, Ontario – May 2, 2018 – Akumin Inc. (“Akumin” or the “Company”) (TSX: AKU:U) is pleased to announce it has closed its previously announced bought deal offering of common shares by way of short form prospectus sale in each of the provinces of Canada, other than the Province of Quebec.

Wed, Apr 11, 2018
Akumin Inc. Announces US$35 Million Bought Deal
Toronto, Ontario – April 11, 2018 – Akumin Inc. (“Akumin” or the “Company”) (TSX: AKU.U) is pleased to announce that it has entered into an agreement with Clarus Securities Inc., on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 8,750,000 Common Shares (the “Common Shares”) of the Company at a price of US$4.00 per Common Share (the “Offering Price”) for aggregate gross proceeds to the Company of US$35,000,000 (the “Offering”).

Thu, Apr 5, 2018
Akumin Secures Rights for Potential Acquisition of Four Centers with US$12 Million in Revenues
April 5, 2018 – Toronto, ON – Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin”) announced today that it has entered into a management agreement with the owners of four centers located in one of Akumin’s core geographic markets (the “Potential Acquisition”).

Mon, Apr 2, 2018
Akumin Inc. Announces Fiscal 2017 Financial Results
TORONTO, April 2, 2018 /CNW/ – Akumin Inc. (TSX:AKU.U) (“Akumin” or the “Corporation”) announced today its financial results for the quarter ended December 31, 2017 (“December 2017 Quarter”) and the fifteen-month period ended December 31, 2017 (“Fiscal 2017”).

Mon, Mar 26, 2018
Akumin Inc. Enters Into Agreements to Acquire Non-Controlling Interests for $21.3 million
Akumin Inc. (TSX:AKU.U) (the “Company” or “Akumin”) announced today that its wholly owned subsidiary, Preferred Medical Imaging, LLC,  has entered into agreements to acquire all of the outstanding non-controlling interests in seven of its existing Texas-based diagnostic imaging centers (the “Acquisitions”).

Fri, Feb 9, 2018
Akumin Inc. Announces Purchase of Approximately US$1.9 Million in Shares by Certain Officers and Directors
Akumin Inc. (TSX:AKU.U) (the “Company“) announced today that certain senior officers and directors of the Company have acquired an aggregate of 532,857 shares of the Company at US$3.50 per share for total cash consideration of approximately US$1,865,000.

Thu, Dec 21, 2017
Newly public health care company competes with U.S. hospitals for business
Medical imaging company Akumin, which just launched its IPO on December 1, is consolidating a large number of independent imaging centres in southern U.S. states and is attracting patients by wooing insurance companies with cheaper pricing. Akumin’s CEO Riadh Zine joins BNN to discuss.

Thu, Dec 21, 2017
Akumin Inc. Opens the Market
Riadh Zine, Founder, President & CEO, Director, Akumin Inc. (AKU), will join Ryan Thomas, Head of Business Development, Diversified Industries, Toronto Stock Exchange and TSX Venture Exchange, on Thursday, December 21, 2017, to open the market.

Fri, Dec 1, 2017
Akumin Inc. Completes Initial Public Offering
Akumin Inc. (TSX:AKU.U) (the “Corporation”) announced today the closing of its initial public offering and that its common shares will begin trading at the opening of markets on December 1, 2017 under the symbol “AKU.U” on the Toronto Stock Exchange.

Media Coverage

Newly public health care company competes with U.S. hospitals for business

News Provided by BNN / Dec 21, 2017. 2:45pm ET

Medical imaging company Akumin, which just launched its IPO on December 1, is consolidating a large number of independent imaging centres in southern U.S. states and is attracting patients by wooing insurance companies with cheaper pricing. Akumin’s CEO Riadh Zine joins BNN to discuss.