M&A
confidence high
sentiment positive
materiality 0.75
DataMeds acquires Helomics for $1.5M in stock and convertible note, expanding into cancer diagnostics
Wellgistics Health, Inc.
- Paid 636,328 shares (~19.99% of MEDS outstanding) plus $1.363M 7% convertible note due Sept 2029; conversion at $1.00/share pending Nasdaq approval.
- Helomics brings CLIA/CAP-certified lab, Predictive Oncology CRO, and $1.5M cash; no third-party debt or unpaid payables.
- Expands DataMEDS beyond GLP-1 and Long COVID into $40B U.S. cancer diagnostic/treatment market.
- Seller Axe Compute (AGPU) retains shareholder stake; agrees to 12-month transfer lock-up and 6-month vote-alignment with DataMeds board.
- Deal closed Sept 11, 2026; Helomics becomes wholly owned subsidiary of DataMeds AI.