Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Electromedical Technologies, Inc completed a disposition involving Care National Healthcare Services, Inc. for $2,000,000.00 (closed 2023-03-15).
- Action
- disposition
- Counterparty
- Care National Healthcare Services, Inc.
- Consideration
- $2,000,000.00
- Closing
- 2023-03-15
Exact text from the filing
On March 15, 2023, the Registrant and Care National Healthcare Services, Inc. ("Care National") closed a material definitive agreement. Pursuant to the terms of the agreement, the Registrant sold its real property located at 16561 N. 92nd Street, Ste. 101, Scottsdale, AZ 85260, to Care National in exchange for a purchase price of $2,000,000.00, with net proceeds to the Registrant of $1,358,710.56.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Electromedical Technologies, Inc entered into a asset purchase with Care National Healthcare Services, Inc. valued at $2,000,000.00 (effective 2023-03-15).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Care National Healthcare Services, Inc.
- Value
- $2,000,000.00
- Effective
- 2023-03-15
Exact text from the filing
On March 15, 2023, the Registrant and Care National Healthcare Services, Inc. ("Care National") closed a material definitive agreement. Pursuant to the terms of the agreement, the Registrant sold its real property located at 16561 N. 92nd Street, Ste. 101, Scottsdale, AZ 85260, to Care National in exchange for a purchase price of $2,000,000.00, with net proceeds to the Registrant of $1,358,710.56.
View on SEC.gov