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HEALWELL AI Secures $25.5M to Fund Orion Health Acquisition
Company Announcements

HEALWELL AI Secures $25.5M to Fund Orion Health Acquisition

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Invest with Confidence:

MCI Onehealth Technologies, Inc. Class A ( (TSE:AIDX) ) has issued an update.

HEALWELL AI has successfully completed the equity tranche of its $55 million bought deal financing, raising $25.5 million to fund the acquisition of Orion Health. This move aims to enhance HEALWELL’s capabilities in healthcare AI, pending the completion of the convertible debenture portion by January 28, 2025. If conditions for the acquisition are unmet, the proceeds will be returned to investors, maintaining transparency with stakeholders.

More about MCI Onehealth Technologies, Inc. Class A

HEALWELL AI Inc. is a healthcare artificial intelligence company focused on preventative care, leveraging AI technologies to improve health outcomes and efficiency in healthcare systems.

YTD Price Performance: -8.21%

Average Trading Volume: 717,468

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$379.3M

For an in-depth examination of AIDX stock, go to TipRanks’ Stock Analysis page.

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