Zynex Explores Strategic Options, Appoints New Director

Zynex Incorporateds stock plummeted by nearly 27% on November 14th following the announcement of exploring strategic options for its future. The Colorado-based medical technology company, known for non-invasive pain management devices, has hired Province, LLC for financial advice and established a special committee of independent directors to oversee the process. Paul Aronzon, a seasoned corporate restructuring expert, has been appointed to the Board of Directors and will chair the special committee. Zynexs CEO, Steven Dyson, assures that these steps are crucial for the companys future, although no details on potential changes or transaction terms have been disclosed yet.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.