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Stock impact report

Electromed, Inc. Announces Election of Andrew Summers as Additional Independent Director

Electromed, Inc. (ELMD) 
NASDAQ:AMEX Investor Relations: smartvest.com/electromed/investor-relations
Company Research Source: Business Wire
Electromed Also Enters into New Cooperation Agreement with Summers Value Partners and Expands Board to Eight MembersMr. Summers to serve as Vice Chair of the Finance and Strategy Committee NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. (“Electromed”) (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced that it has elected a new independent director, Andrew Summers, to its Board of Directors, effective July 25, 2022. In connection with the election, Electromed has entered into a new cooperation agreement with Summers Value Partners LLC (“Summers Value Partners”), an investment firm that beneficially owns approximately 6.1% of Electromed’s outstanding common stock. Mr. Summers has also been appointed to serve as the Vice Chair of the Strategy and Finance Committee and a member of the Nominating and Governance Committee.“We are pleased to welcome Andy Summers to Electromed’s Board of Directors. We are confident that his distinguished caree Show less Read more
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