Posted On: 11/23/2015 3:53:49 PM
Post# of 9163
$SIMH - Subject to the satisfaction of certain closing conditions set forth in the definitive agreement, the Company will pay The Brace Shop LLC cash of $250,000 and issue preferred stock of the Company to the owner of Brace Shop in exchange for all of the membership interests thereof.
$SIMH announced the approval of the sale of its Thermomedics subsidiary and its FDA cleared Caregiver® non-contact clinical-grade thermometer to Positive ID Corporation for a combination of cash, stock and earn-outs which may be valued at as much as $2 Million. At Closing the Company will receive cash and Preferred Stock of Positive ID. The Closing of the sale is subject to certain closing conditions set forth in the definitive agreement.
$SIMH announced the approval of the sale of its Thermomedics subsidiary and its FDA cleared Caregiver® non-contact clinical-grade thermometer to Positive ID Corporation for a combination of cash, stock and earn-outs which may be valued at as much as $2 Million. At Closing the Company will receive cash and Preferred Stock of Positive ID. The Closing of the sale is subject to certain closing conditions set forth in the definitive agreement.
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