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Here is the recent deal with buying "Aesthetic Enh

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Post# of 167
(Total Views: 302)
Posted On: 05/20/2022 7:29:47 AM
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Posted By: LocWolf
Here is the recent deal with buying "Aesthetic Enhancements Unlimited" llc

Item 8.01. Other Events.

On May 13, 2022 (the “Effective Date”), HLYK Florida, LLC (“HLYK FL”), a Florida limited liability company and wholly owned subsidiary of HealthLynked Corp., a Nevada corporation (the “Company”), acquired all of the outstanding equity interests of Aesthetic Enhancements Unlimited (“AEU”), a Florida limited liability company providing minimally and non-invasive cosmetic procedures (the “Purchase”).

As consideration for the Purchase, the previous AEU equity interest holders received consideration of (i) $325,000 cash, (ii) the issuance of an aggregate of 792,394 restricted shares of the Company’s common stock valued at $100,000 based on the closing price of the Company’s common stock on the business day prior to the Effective Date, and (iii) the future partial satisfaction of certain outstanding debt obligations of AEU by the Company in an amount up to $75,000 in cash.

AEU will be incorporated into the Company’s Health Services segment following the Effective Date.

On May 17, 2022, the Company issued a press release with respect to, among other things, the Purchase. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is hereby incorporated by reference.

Item 9.01 Financial Statements and Exhibits
https://www.sec.gov/ix?doc=/Archives/edgar/da...althly.htm


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