Micro Cap Bid Up Right Before Opening Bell

By: Tomas Ronolski - AllPennyStocks.com News

Wednesday, January 10, 2024

A Florida-based healthcare company is causing quite the stir so far during Wednesday’s premarket after the company announced that it has acquired Verifi Dental to expand its software-as-a-service offering for the healthcare market.

Traders were extremely excited on the news as they snatched up shares of iCoreConnect Inc. (Nasdaq:ICCT) early Wednesday morning. Shares are currently bid up at $1.45/share (+11.54% implied open for sellers) at the time of writing.

iCoreConnect Inc develops and markets secure cloud-based HIPAA compliant software services focused on compliance, workflow/productivity, and electronic health records systems. Its core services technology can be adopted to other vertical markets that require a high degree of secure data communication, such as the legal, financial and education fields. It markets secure HIPAA compliant cloud-based software as a service (SaaS) offering under the names of iCoreExchange, iCoreCodeGenius, iCoreSecure, iCoreMD, iCoreDental, iCoreMobile, iCoreHuddle, iCoreRx, iCorePDMP, iCoreEPCS, and iCorePay. The company's software is sold under annual recurring revenue subscriptions.

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