Neuronetics Set to Acquire Greenbrook TMS
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Neuronetics Set to Acquire Greenbrook TMS

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Greenbrook Tms (GBNHF) has released an update.

Neuronetics, Inc. is set to acquire Greenbrook TMS Inc. in an all-stock transaction, with the Ontario Superior Court of Justice granting an interim order for a shareholder meeting to discuss the arrangement. Post-merger, the current shareholders of Neuronetics and Greenbrook are expected to own approximately 57% and 43% of the combined entity, respectively. Both companies’ boards have unanimously recommended their shareholders to vote in favor of the merger.

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

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