WELL Health Technologies Corp. (TSX: WELL) (the “Company” or “WELL”), is pleased to announce it has entered into a definitive share purchase agreement dated August 31, 2020 (the “Agreement”) with the shareholders of Circle Medical Ltd. (“Circle Medical”), a US technology leader and innovator in the delivery of quality telehealth and in-person healthcare experiences, pursuant to which WELL has agreed to acquire a majority of the issued and outstanding shares of Circle Medical (the “Transaction”) for total consideration of approximately $14M USD. Circle Medical is affiliated with UCSF and backed by A. Capital and Collaborative Fund.
Read the full article: WELL Health to Expand into US Market with Proposed Majority Stake in US Telehealth Leader Circle Medical //
Source: https://www.well.company/for-investors/news-releases/well-health-to-expand-into-us-market-with-proposed-majority-stake-in-us-telehealth-leader-circle-medical-and-announces-23m-cad-offering-with-group-of-investors-led-by–mr-li-ka-shing-