Clinigence closes ProCare Health acquisition for 759,036 shares; Anh Nguyen as President/CEO

Nutex Health Inc.

Acquired ProCare Health, an MSO serving 1 HMO and 3 IPAs in California, for 759,036 shares of common stock.
Earnout structure rewards ProCare for any new MSO contracts; 25% of shares held back subject to EBITDA targets.
Anh Nguyen appointed President/CEO of Procare under 3-year agreement with $200,000 base salary and severance provisions.
Clinigence expands MSO portfolio; currently owns provider network of 141 PCPs, 600 specialists, 22,000 patients.

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Appointed

Anh Nguyen

President and CEO

NUTX · Nutex Health Inc.

Filed: October 21, 2021, 7:59 PM ET

Procare entered into an Employment and Restrictive Covenant Agreement (the “Employment Agreement”) with Anh Nguyen as President and CEO of Procare.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Anh Nguyen was appointed as President and CEO at Nutex Health Inc..

Action: appointed
Role: President and CEO

Exact text from the filing

Procare entered into an Employment and Restrictive Covenant Agreement (the “Employment Agreement”) with Anh Nguyen as President and CEO of Procare.

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Nutex Health Inc. filing history →

Source: SEC EDGAR

accession 0001607062-21-000440

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