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HEALWELL AI Secures Approval for Orion Health Acquisition and Financing
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HEALWELL AI Secures Approval for Orion Health Acquisition and Financing

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MCI Onehealth Technologies, Inc. Class A ( (TSE:AIDX) ) just unveiled an update.

HEALWELL AI Inc. has received shareholder approval for its acquisition of Orion Health and a $55 million bought-deal financing, eliminating the need for a special shareholder meeting. Additionally, a Schedule A Bank has granted internal risk approval for a $50 million senior secured credit facility, contingent upon finalizing a credit agreement. The acquisition and financing are expected to enhance the company’s operational capacity and market positioning, with the upsized offering anticipated to close later this week.

More about MCI Onehealth Technologies, Inc. Class A

HEALWELL AI Inc. is a healthcare artificial intelligence company that focuses on preventative care. The company operates with a strategic focus on leveraging AI technologies to enhance healthcare delivery and patient outcomes in the preventative care segment of the healthcare industry.

YTD Price Performance: -18.36%

Average Trading Volume: 719,711

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$344.7M

See more insights into AIDX stock on TipRanks’ Stock Analysis page.

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