https://finance.yahoo.com/healthcare/articles...43815.html
The proposed acquisition would expand VSee's healthcare technology platform and add a profitable commerce business if the transaction is completed.
Key Investor Takeaways
✅️ VSee Health (NASDAQ:VSEE) signed a non-binding letter of intent to acquire healthcare technology and operating assets.
✅️ The target business has an annual revenue run rate exceeding $35 million and approximately $7 million in EBITDA, according to the company.
✅️ VSee said the proposed transaction is valued at approximately $42 million and is expected to close without initial shareholder dilution.
✅️ The acquisition would broaden the company's healthcare commerce capabilities alongside its existing telehealth platform.
✅️ The transaction remains subject to due diligence, definitive agreements and customary approvals.