NextPlat Strengthens Ties to Progressive Care Inc. Investing an additional $1 Million; and Explores the Possible Spinoff of its Global Telesat and Orbital Satcom Business Units

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May 11, 2023

COCONUT GROVE, FL / ACCESSWIRE / May 11, 2023 / NextPlat Corp (NASDAQ:NXPL)( NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it has completed an additional $1 million investment in Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company ("Progressive Care").