Brief: Forian Announces The Sale Of Biotrack To Alleaves

Forian.

13/02/2023 14:37

Forian Inc  FORA.O :
    * FORIAN ANNOUNCES THE SALE OF BIOTRACK TO ALLEAVES
    * FORIAN INC-  DEAL FOR TOTAL PURCHASE PRICE OF $30 MILLION
IN
CASH
    * FORIAN INC - FORIAN WILL FOCUS ON ITS HEALTHCARE
INFORMATION
BUSINESS AND WILL NO LONGER PROVIDE SOFTWARE SOLUTIONS TO
CANNABIS INDUSTRY
    * FORIAN INC - WITH TRANSACTION, DANIEL BARTON STEPPED DOWN
AS
CHIEF EXECUTIVE OFFICER AND PRESIDENT OF FORIAN EFFECTIVE
FEBRUARY 10, 2023
    * FORIAN INC - MAX WYGOD, FORIAN'S CO-FOUNDER AND EXECUTIVE
CHAIRMAN, HAS BEEN APPOINTED INTERIM CHIEF EXECUTIVE OFFICER AND
PRESIDENT

Source text for Eikon:  ID:nGNXbl0KhR 
Further company coverage:  FORA.O