Neuronetics and Greenbrook TMS Announce Merger

Greenbrook Tms (GBNHF) has released an update.

Neuronetics, Inc. and Greenbrook TMS Inc. have announced an all-stock merger, aiming to strengthen their position in the mental health sector by offering innovative care and creating substantial value for shareholders. The merger will combine Neuronetics’ NeuroStar platform with Greenbrook’s operational capabilities, enhancing service delivery and driving increased brand awareness. Together, they anticipate increased growth, cost synergies, and accelerated profitability for the combined entity.

For further insights into GBNHF stock, check out TipRanks’ Stock Analysis page.