M&A
confidence high
sentiment neutral
materiality 0.80
Vemanti Group closes reverse merger with VinHMS; VinHMS shareholders gain voting control
Vemanti Group, Inc.
- VinHMS shareholders received 9.2M Series B and all 40M Series A Preferred shares, gaining ~92% voting control.
- VinHMS (software publishing) had no revenue and net loss of SGD 2,897 in its first two months through Dec 2023.
- Audited FY2023 and unaudited Q1 2024 financials for VinHMS and pro forma combined statements filed.
- Vemanti issued Series B Preferred to former Series A holder Tan Tran in exchange for all Series A shares.