---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-035075"
form_type: "8-K"
ticker: null
cik: "0001798270"
company_name: "Assure Holdings Corp."
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:42:29.360066+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Assure Holdings sells assets for $2.5M plus earnout; merger with Danam Health key condition

## Summary
- Purchase price: $2.5M at First Closing plus earnout up to $2M based on case volume >8,000.
- First Closing due by March 22, 2024; Second Closing contingent on Assure's merger with Danam Health.
- Assets sold include inventory, contracts, intangibles; accounts receivable excluded.
- Indemnification cap $750,000; termination fee $150,000.
- Includes non-compete and nominee agreement for assets not transferred at closing.

## SEC filing metadata
- accession: 0001104659-24-035075
- form_type: 8-K
- cik: 0001798270
- company_name: Assure Holdings Corp.
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798270/000110465924035075/0001104659-24-035075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798270/000110465924035075/tm248991d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-035075
- JSON: https://secwatch.observer/filing/0001104659-24-035075.json
- Plain text: https://secwatch.observer/filing/0001104659-24-035075.txt

## Key facts
- Material Agreements
  Assure Holdings Corp. entered into APA with National Neuromonitoring Services, LLC (effective 2023-03-11).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: National Neuromonitoring Services, LLC
  - Effective: 2023-03-11
  source text: On March 11, 2023, Assure Holdings Corp., a Nevada corporation (“Assure” or “Parent”), and its subsidiaries, Assure Neuromonitoring, LLC, Assure Networks, LLC, Assure Networks Texas Holdings, LLC and Assure Networks Texas Holdings II, LLC (collectively, the “Sellers’) entered into an asset purchase agreement (the “APA”) with National Neuromonitoring Services, LLC (“Purchaser”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798270/000110465924035075/0001104659-24-035075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
