Nexstim Agrees on a Strategic Investment into a Management Services Organization of a New Jersey Based Clinic Providing Treatments for Depression Patients

Nexstim Plc (NXTMH:HEX) (“Nexstim” or “Company”) group US private equity company Nexstim Investments, LLC has signed an agreement regarding a strategic alliance with and a minority ownership in a management services organization (MSO) Siddhartha Center for Clinical Neuroscience and TMS MSO, LLC. Nexstim will fund the transaction from cash on hand. Siddhartha Center for Clinical Neuroscience and TMS MSO, LLC was organized to provide management, consulting, administrative, and other support services to Siddhartha Center for Clinical Neuroscience LLC.

Read the full article: Nexstim Agrees on a Strategic Investment into a Management Services Organization of a New Jersey Based Clinic Providing Treatments for Depression Patients //

Source: https://www.globenewswire.com/news-release/2024/01/04/2803720/0/en/Nexstim-Agrees-on-a-Strategic-Investment-into-a-Management-Services-Organization-of-a-New-Jersey-Based-Clinic-Providing-Treatments-for-Depression-Patients.html

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