M&A
confidence high
sentiment neutral
materiality 0.60
OptimizeRx acquires EvinceMed assets for $2M cash and up to 240,741 shares
OptimizeRx Corp
- Asset purchase of EvinceMed Corp.; total consideration includes $2M cash and up to 240,741 common shares.
- 185,185 shares issued at closing; 55,556 held back for 12 months for indemnification adjustments.
- Closing expected in Q2 2022; shares issued under Section 4(a)(2) exemption.
- Acquisition strengthens OptimizeRx's product offering in patient engagement technology.