Assure Holdings Corp. (“Assure”) (Nasdaq: IONM) announces that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Danam Health, Inc. (“Danam”) under which Danam will merge with a newly-formed, wholly-owned subsidiary of Assure in a stock-for-stock transaction (the “Merger”) in which Danam will survive as a wholly-owned subsidiary of Assure. If completed, the Merger will result in a combined company that will focus on pharmaceutical and healthcare services that will advance Danam’s micro health ecosystem, and is anticipated to include a portfolio of companies with pharmacy, wholesale operations and a technology division with a novel platform for hub and clinical services.
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Source: https://www.globenewswire.com/news-release/2024/02/12/2827609/0/en/Assure-Holdings-Corp-Announces-Business-Combination-with-Danam-Health-Inc.html