Brief: Sanara Medtech Inc Announces Entry Into Merger Agreement To Acquire Precision Healing Inc

Sanara MedTech

04/04/2022 11:34

April 4 (Reuters) - Sanara Medtech Inc  SMTI.O :
    * SANARA MEDTECH INC. ANNOUNCES ENTRY INTO MERGER AGREEMENT
TO
ACQUIRE PRECISION HEALING INC.
    * SANARA MEDTECH INC - PRIOR TO THIS TRANSACTION, SANARA
OWNED
25.7% OF PRECISION HEALING ON A FULLY DILUTED BASIS
    * SANARA MEDTECH INC - PURCHASE PRICE FOR THIS TRANSACTION
CONSISTS OF APPROXIMATELY $5.1 MILLION IN STOCK AND CASH
CONSIDERATION
    * SANARA MEDTECH INC - PURCHASE PRICE FOR THIS TRANSACTION
CONSISTS OF APPROXIMATELY $5.1 MILLION IN STOCK AND CASH
CONSIDERATION
    * SANARA MEDTECH INC - SANARA IS EXPECTED TO ENTER INTO
EMPLOYMENT
AGREEMENTS WITH ALL KEY PRECISION HEALING EMPLOYEES

Source text for Eikon:  ID:nGNX31Zpsh 
Further company coverage:  SMTI.O 

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