WELL changed names to accurately reflect its current business. As an active acquirer in the healthcare space, both WELL and Health imply a state of being free from illness and injury while adding Technologies to the end references the digital aspect of the company These words reinforce WELL’s mission statement which is to “to positively impact health outcomes by leveraging technology to empower and support patients and doctors.” The capitalization of WELL also connects the business to the company’s ticker symbol at the TSXV.
2009
November
Canada Yoga Inc. founded by Hamed Shahbazi, operating Yoga Studios in partnership with Dr. Deepak Chopra
2017
June
Canada Yoga Inc. goes public via an RTO (reverse take-over) of Movarie Capital and changes its name to Wellness Lifestyles with the ticker symbol (WELL)
2017
June 20
The company closes a transaction with Gravitas Securities for $1.2 million
2018
February 12
Wellness Lifestyles completes the acquisition of 6 primary care clinics and concurrently raises $4.5 million co-led by Gravitas Securities and Canaccord Genuity
2018
February 23
Wellness Lifestyles is named as one of TSX Venture’s Top 50 for 2018
2018
February
Wellness Lifestyles sells all assets not related to its medical business
2018
April 3
Hamed Shahbazi is named Chairman and agrees to take on CEO position as of May 23rd. Alex Read agrees to take on COO position
2018
April 24
Sir Li-Ka Shing leads an investment of over $7.5 million in Wellness Lifestyles
2018
June
Wellness Lifestyles expands management team with the addition of Chris Ericksen, Eva Fong, and Makiko Deniz
2018
July 12
Wellness Lifestyles announces a new name change and becomes WELL Health Technologies Corporation
2018
September 26
New WELL logo unveiled
WELL’s logo was chosen to represent several aspects of the company. The brand’s dominant blue colour evokes trust, honesty, and a steady approach to business and security. Blue is also connected to tranquility and natural health. The high symmetry, the balance of the “W” and the circles indicate WELL’s subscription to a precision medicine model that focuses on individualized and effective treatment. The modernity of the design and its similarity to digital fonts imply the relationship that WELL has to technology. Together, these aspects give WELL an image associated with reliability in the two key components of our business.
2018
November 1
WELL completes the acquisition of 13 clinics in the Lower Mainland making the WELL Medical Clinics Network the largest single chain of primary medical clinics in British Columbia
2018
November 2
WELL Invests $200,000 in San Francisco based pioneering digital health company Circle Medical.
Circle Medical is a primary care provider that leverages artificial intelligence and technology to provide distance medicine, scale an improved patient experience, and lower the cost of traditional primary care models.