M&A
confidence high
sentiment neutral
materiality 0.65
Bio Essence acquires MediFlow AI software for $3.5M in restricted stock
Bio Essence Corp
- Bio Essence (BIOE) entered an Asset Purchase Agreement to buy the MediFlow AI (formerly AcuVital) platform from Zhituo Software.
- Purchase price is $3.5 million in restricted common stock, valued at fair market value as determined by BIOE's board.
- Closing is expected within 45 days of April 20, 2026, subject to board approval and delivery of assignment documents.
- Seller Zhituo Software Co., Limited is a Hong Kong company with no prior relationship to BIOE.