tiprankstipranks
Company Announcements

Carebook Technologies Secures Shareholder Approval for Privatization Deal with UIL Limited

Story Highlights
Carebook Technologies Secures Shareholder Approval for Privatization Deal with UIL Limited

Discover the Best Stocks and Maximize Your Portfolio:

Carebook Technologies Inc ( (TSE:CRBK) ) has issued an announcement.

Carebook Technologies Inc. has received overwhelming shareholder approval for a going private transaction with UIL Limited, where UIL will acquire all outstanding common shares of Carebook, excluding those already owned by UIL, for C$0.10 per share. This arrangement, subject to court approval and other closing conditions, will result in Carebook’s shares being delisted from the TSX Venture Exchange and the company ceasing to be a reporting issuer.

More about Carebook Technologies Inc

Carebook Technologies Inc. is a leading Canadian provider of innovative digital health solutions.

YTD Price Performance: 111.11%

Average Trading Volume: 51,122

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$9.76M

Find detailed analytics on CRBK stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1