Brief: Pangenomic Health Enters Into Definitive Agreement For Acquisition Of Mindleap Health

Pangenomic Health

21/11/2022 13:04

Nov 21 (Reuters) - Pangenomic Health Inc  NARA.CD :
    * PANGENOMIC HEALTH ENTERS INTO DEFINITIVE AGREEMENT FOR
ACQUISITION OF MINDLEAP HEALTH
    * PANGENOMIC HEALTH INC - COMPANY WILL ACQUIRE ALL OF
MINDLEAP'S
OUTSTANDING SHARES FOR A PURCHASE PRICE OF C$3.6 MILLION
    * PANGENOMIC HEALTH INC - MINDLEAP IS EXPECTED TO BE
OPERATED AS A
WHOLLY-OWNED SUBSIDIARY OF COMPANY
    * PANGENOMIC HEALTH INC - UPON CLOSING, MYDECINE IS EXPECTED
TO
HOLD APPROXIMATELY 19.4% OF ISSUED AND OUTSTANDING COMMON SHARES
    * PANGENOMIC HEALTH INC - NO CHANGES TO MANAGEMENT OR BOARD
OF
DIRECTORS OF COMPANY ARE REQUIRED OR EXPECTED TO BE MADE AS A
RESULT OF TRANSACTION

Source text for Eikon:  ID:nCNWrTTyma 
Further company coverage:  NARA.CD 
 ((Reuters.Briefs@thomsonreuters.com;))