Brief: CloudMD To Acquire iMD Health Global
14/09/2020 17:03
Sept 14 (Reuters) - CloudMD Software & Services Inc DOC.V :
* CLOUDMD TO ACQUIRE IMD HEALTH GLOBAL CORP., A
REVOLUTIONARY
PATIENT ENGAGEMENT SOFTWARE COMPANY
* CLOUDMD SOFTWARE & SERVICES INC - DEAL FOR C$10 MILLION
* CLOUDMD SOFTWARE & SERVICES INC - DEAL INCLUDES C$1.5
MILLION IN
CASH, C$4.5 MILLION IN SHARES
* CLOUDMD SOFTWARE & SERVICES - DEAL INCLUDES
PERFORMANCE-BASED
EARNOUTS OF C$4 MILLION, PAYABLE IN SHARES OF CO, IN ANNUAL
ISSUANCES OVER TWO YEARS
* CLOUDMD SOFTWARE & SERVICES INC - ACQUISITION WILL BE
IMMEDIATELY ACCRETIVE TO CLOUDMD
Source text for Eikon: ID:nGNX4h9wNT
Further company coverage: DOC.V
((Reuters.Briefs@thomsonreuters.com;))
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