Mr. Dan Matlow reports
VITALHUB CORP. ANNOUNCES CLOSING OF OCULYS HEALTH INFORMATICS INC. ACQUISITION
Vitalhub Corp. has closed the acquisition of all of the issued and outstanding shares of Oculys Health Informatics Inc.
Total consideration paid by Vitalhub, after a closing net equity adjustment, was approximately $4,227,000. The purchase price is composed of a $2.2-million issuance of common shares of Vitalhub and a cash payment equal to the difference between the purchase price and the share component, which Vitalhub was approximately $2,027,000.
Further details of the acquisition are available in the company's press release of Oct. 21, 2019.
Upon issuance of the share component the company currently has 177,584,881 issued and outstanding common shares.
About Oculys Health
Oculys provides a real-time and predictive operational management system for hospitals, focusing on the efficiency and effectiveness of patient care.
Vitalhub develops and supports information systems in the health-care system.
We seek Safe Harbor.
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