BELLEVUE, Wash.– Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”) today is announcing the signing of an Amended and Restated Master Facility License Agreement (“MFLA”) with LAF Canada Company doing business as LA Fitness (“LA Fitness Canada”), effective December 15, 2021.
In September 2019, Novo entered into a MFLA with LA Fitness Canada to establish and operate reduced footprint clinics, or “micro-clinics,” providing outpatient physical and/or occupational therapy services and related products, within LA Fitness facilities in both the U.S. and Canada. After a temporary COVID-related closing of LA Fitness locations throughout North America, this MFLA coincides with the re-launch and resumption of operations in LA Fitness Canada facilities.
“We are very pleased to re-launch our business relationship with LA Fitness Canada and appreciate LA Fitness’ commitment to enable Novo to establish and operate micro-clinic footprints in its facilities. We are more dedicated than ever to implementing our holistic approach to patient-first health and wellness and establishing the ‘micro-clinic footprints’ in LA Fitness facilities is an important pillar of our business model,” stated Rob Mattacchione, Novo’s CEO.
