CloudMD Software & Services (TSE:DOC) has released an update.
CloudMD Software & Services Inc. has initiated a go-private transaction with CPS Capital, proposing a buyout of all outstanding shares at $0.04 each. Shareholders are urged by the company’s board to vote in favor of the arrangement, with a special meeting scheduled for June 27, 2024, to discuss the resolution. This strategic move follows a comprehensive review by the company, indicating no other superior offers were received.
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