---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-011572"
form_type: "8-K"
ticker: "ZOMDF"
cik: "0001684144"
company_name: "Zomedica Corp."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:28:23.277269+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zomedica closes $18M acquisition of Structured Monitoring Products, maker of VetGuardian

## Summary
- Acquired 100% of SMP for $18M enterprise value; paid $12.66M in cash after debt conversion and adjustments.
- Converted $2.75M convertible debt into SMP equity valued at $5.1M, converting 28.7% stake.
- Cash purchase funded from $12.4M cash on hand; $250K deposit previously paid.
- VetGuardian is a touchless vital signs monitor for pets; to be manufactured in Roswell, GA.
- Zomedica plans international launch and distribution through its sales team and animal health distributors.

## SEC filing metadata
- accession: 0001654954-23-011572
- form_type: 8-K
- ticker: ZOMDF
- cik: 0001684144
- company_name: Zomedica Corp.
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1684144/000165495423011572/0001654954-23-011572-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1684144/000165495423011572/zom_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-011572
- JSON: https://secwatch.observer/filing/0001654954-23-011572.json
- Plain text: https://secwatch.observer/filing/0001654954-23-011572.txt

## Key facts
- M&A Transactions
  Zomedica Corp. completed an acquisition involving Structured Monitoring Products, Inc. for $12,656,676 (closed 2023-09-05).
  - Action: acquisition
  - Counterparty: Structured Monitoring Products, Inc.
  - Consideration: $12,656,676
  - Closing: 2023-09-05
  source text: an implied value of $5,095,196 based upon the parties agreed enterprise value of SMP. Following working capital adjustments and deduction of transaction expenses, Zomedica paid $12,656,676 for the balance of the SMP equity. The cash purchase price was funded through a $250,000 deposit previously paid to SMP and $12,406,677 of cash on hand. The Acquisition was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1684144/000165495423011572/0001654954-23-011572-index.htm
- Material Agreements
  Zomedica Corp. entered into Stock Purchase Agreement with Structured Monitoring Products, Inc. and its shareholders valued at $18,000,000 (effective 2023-09-04).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Structured Monitoring Products, Inc. and its shareholders
  - Value: $18,000,000
  - Effective: 2023-09-04
  source text: On September 4, 2023, Zomedica Inc., a wholly-owned subsidiary of Zomedica Corp. (the “Company”), entered into a Stock Purchase Agreement (the “Purchase Agreement”) pursuant to which Zomedica Inc. acquired 100% of the capital stock of Structured Monitoring Products, Inc., a Florida corporation (“SMP”) from SMP’s shareholders (“Sellers”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1684144/000165495423011572/0001654954-23-011572-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.