secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001437749-23-032696
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMS agrees to buy 60% of three RI radiation therapy centers for $2.85M from GenesisCare
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- Purchase price $2.85M for 60% majority equity interest in three cancer centers.
- Centers located in Warwick, Woonsocket, and Providence, RI, equipped with LINACs.
- Acquired from GenesisCare USA in its Chapter 11 bankruptcy process.
- Closing expected in 60 days, subject to bankruptcy court and RI health dept approval.
- Transaction expected to be accretive, adding three new revenue streams.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774923032696/0001437749-23-032696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774923032696/asha20231119_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-032696

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