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Healthcare Tech Giant WELL Health Seizes Control of AI Company in Major Strategic Play

Summary by stocktitan.net

WELL Health secures dominant 69% voting stake in HEALWELL AI, concurrent with HEALWELL's NZ$175M Orion Health acquisition. Strategic healthcare AI expansion details inside.

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The AI Journal

WELL Health Announces Receipt of MCTO

/CNW/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("WELL" or the "Company"), a digital healthcare company focused on positively impacting...

1 day ago

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stocktitan.net

Healthcare Tech Giant WELL Health Seizes Control of AI Company in Major Strategic Play

WELL Health secures dominant 69% voting stake in HEALWELL AI, concurrent with HEALWELL's NZ$175M Orion Health acquisition. Strategic healthcare AI expansion details inside.

1 day ago

Read Full Article

Techcouver.com

Vancouver's WELL Acquires Controlling Interest in Toronto Health-Tech Startup

Vancouver-based WELL Health Technologies announced this week that it is acquiring a sizeable stake in Toronto’s HEALWELL AI, a healthcare technology platform powered by a suite of artificially intelligent tools. The transaction will see WELL acquire roughly one-third of HEALWELL’s market capitalization and a majority of the company’s voting shares, rendering a controlling interest in the firm, according to a statement from the companies. WELL, w…

2 days ago

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BetaKit

Well Health to exercise call options that give majority controlling interest in strategic partner Healwell AI

Vancouver-based digital healthcare company Well Health is exercising its call rights to gain a majority controlling interest in its long-time strategic partner Healwell AI. The call rights are a result of Well Health’s October 2023 investment in Healwell, which gave Well Health the right to acquire more than 60 million voting shares of Healwell within three years, as well as converting all of its Healwell convertible debentures and interest acc…

2 days ago

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