secwatch.observer — SEC 8-K summary
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Issuer:     Assure Holdings Corp. (—)
CIK:        0001798270
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001104659-24-035075
Event type: m_and_a
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1798270/000110465924035075/0001104659-24-035075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1798270/000110465924035075/tm248991d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-035075

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