Invesque (OTC) (TSE:IVQ) has released an update.
Invesque Inc. has announced that their CFO, Adlai Chester, through his controlled company IVQ Stock Holding Company, LLC, will acquire approximately 30.59% of Invesque’s common shares, which amounts to 17,195,190 shares, for an aggregate purchase price of US$625,000. The transaction, which sees Tiptree Inc. divesting its entire stake in Invesque, is set to close by April 30, 2024, subject to standard conditions. This strategic move will significantly increase Chester’s investment in the healthcare real estate company, which specializes in seniors housing and memory care facilities across North America.
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