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HEALWELL AI Raises $25.5M for Orion Health Acquisition
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HEALWELL AI Raises $25.5M for Orion Health Acquisition

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Invest with Confidence:

MCI Onehealth Technologies, Inc. Class A ( (TSE:AIDX) ) has shared an announcement.

HEALWELL AI Inc. has successfully raised $25.5 million from the equity tranche of its $55 million bought deal financing. The funds will be used for the acquisition of Orion Health, a move that positions HEALWELL to enhance its capabilities in the healthcare AI sector. The completion of the convertible debenture portion of the financing is anticipated by January 28, 2025, which will further support the strategic acquisition and growth plans.

More about MCI Onehealth Technologies, Inc. Class A

HEALWELL AI Inc. is a healthcare artificial intelligence company focused on preventative care.

YTD Price Performance: -8.21%

Average Trading Volume: 717,468

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$379.3M

See more data about AIDX stock on TipRanks’ Stock Analysis page.

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