WELL Health Expands Stake in HEALWELL AI Following Strategic Acquisition

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WELL Health Expands Stake in HEALWELL AI Following Strategic Acquisition

WELL Health Technologies Corp ( (TSE:WELL) ) has issued an announcement.

WELL Health Technologies Corp. has exercised its call option to acquire a significant stake in HEALWELL AI Inc., following HEALWELL’s acquisition of Orion Health Holdings Limited. This move increases WELL’s economic interest to 37% and voting rights to 69% in HEALWELL, positioning WELL as a control person and potentially enhancing its influence and strategic direction in the healthcare technology sector.

More about WELL Health Technologies Corp

WELL Health Technologies Corp. operates in the healthcare technology industry, focusing on digital health solutions and services. The company is known for its efforts in modernizing healthcare delivery through technology, including telehealth services and electronic medical records.

YTD Price Performance: -41.36%

Average Trading Volume: 920,010

Technical Sentiment Signal: Buy

Current Market Cap: C$1.04B

Learn more about WELL stock on TipRanks’ Stock Analysis page.

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