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Assure Announces Amendment to Exchange Offer in Respect of its Convertible Bonds Page 1

Assure Announces Amendment to Exchange Offer in Respect of its Convertible Bonds Page 1

Assure Holdings Corp. (“Assure” or the “Company”) (OTC: IONM) today announced that it has amended the Convertible Note Exchange Offer dated June 21, 2024 with respect to the Company’s 9% Convertible Debentures due 2023 and 2024 (the “Assure Convertible Debentures”). This Ninth Amendment further amends and restates certain sections of the Convertible Note Exchange Offer (“Amended Offer Letter”) as follows: (i) updates the Amended Offer Letter to reflect a change in the consideration offered for each $1,000 claim from 238.44 shares of common stock consisting of principal and accrued and unpaid interest through July 19, 2024 to 1,000 shares of common stock consisting of principal and accrued and unpaid interest through September 20, 2024, representing a change in the conversion price per share from $4.194 to $1.00, (ii) updates the Amended Offer Letter to reflect the extension of the Convertible Note Exchange Offer until 11:59 p.m. (Denver time) on September 20, 2024, and (iii) supplements the disclosure in the Amended Offer Letter to reflect recent developments of the Company.

Approximately $2.0 million principal amount of Assure Convertible Debentures have been tendered under the Offering.