Off-market insider buying at ARCpoint (V:ARC)

Robert Mann, a Senior Officer, acquired 1,000,000 Subordinate Voting Shares Class A on a direct ownership basis at a price of US$0.100 through a private transaction on January 22nd, 2024. This represents a $134,540 investment into the company's shares and an account share holdings change of greater than 100%.

ARCpoint is in the Healthcare Facilities & Services Sub Industry Group under the Healthcare Sector.

ARCpoint Inc. is a health care company. The Company provides a United States-based franchise system offering drug testing, alcohol screening, deoxyribonucleic acid (DNA) and clinical lab testing, corporate wellness programs and employment and background screening and other services. Its segments include ARCpoint Franchise, AFG Services, and Other. The ARCpoint Franchise segment includes franchise labs. The AFG Services segment consists primarily of clinical testing and software services that support its franchise systems. This segment also includes diagnostic testing kits sold to franchisees as well as other direct business to business customers. The Other segment consists of corporately held ARCpoint Lab franchises. The Company sells franchises to individuals throughout the United States and provides support in the form of marketing, technology, and training to new franchisees. It develops corporate-owned labs committed to providing solutions for customers, businesses, and physicians. ARCpoint Inc. (ARC) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $134,540.