Apollo Medical Holdings (AMEH) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
On November 7, 2023, the Company disclosed the signing of agreements to acquire partnership interests in AHMS and assets of CFC, with closings to occur separately. Additionally, a subsidiary agreed to buy 25% of I Health’s stock for $202 million, including cash, equity, and potential milestone payments. An amendment on January 31, 2024, modified the Purchase Agreement terms, and the first closing was completed with the acquisition of CFC’s assets. The remaining closings for AHMS interests and I Health shares are expected in the first quarter of 2024, pending regulatory approvals.
For further insights into AMEH stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.