tiprankstipranks
Company Announcements

Entheon Biomedical to Acquire Mentis AI, Enhancing AI Integration for Mental Health Solutions

Story Highlights
Entheon Biomedical to Acquire Mentis AI, Enhancing AI Integration for Mental Health Solutions

Discover the Best Stocks and Maximize Your Portfolio:

An update from Entheon Biomedical ( (TSE:ENBI) ) is now available.

Entheon Biomedical Corp. has entered into an agreement to acquire Mentis AI, a company specializing in AI technologies for mental health and loneliness. The acquisition will allow Entheon to integrate AI tools into its platforms, enhancing customer relationships and expanding its service offerings. Mentis AI shareholders will receive Entheon shares, owning approximately 44.25% post-transaction, subject to due diligence and regulatory approvals.

More about Entheon Biomedical

Entheon Biomedical Corp. operates in the biomedical industry, focusing on psychedelic and cannabis genetic testing kits. The company aims to enhance mental health and wellness by understanding user experiences and outcomes through its test kits.

YTD Price Performance: -16.79%

Average Trading Volume: 3,455

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.91M

For a thorough assessment of ENBI stock, go to 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