Assure Holdings Enters into Agreement to Sell Certain of its Assets to MPOWERHealth [Financial Post (Toronto, Ontario, Canada)]
Assure Holdings Corp. (IONM)
Company Research
Source: Financial Post
of intraoperative neuromonitoring (“IONM”) and remote neurology services, today announced that it has entered into an agreement to sell certain assets of its IONM business to MPOWERHealth for up to $4.5 million, of which $2.5 million will be paid in cash at the initial closing and up to an additional $2.0 million to be paid in relation to a potential earnout payment tied to case volume from the acquired assets during the 12-month period following the initial closing. The asset sale includes most of the Company's healthcare facility contracts and clinical equipment, and a majority of the Company's employees. The Company retains certain of its assets, including but not limited to, its accounts receivable and its employees in the revenue cycle management team. Article content The initial closing of the sale of assets is subject to certain customary closing conditions and consents. The Company expects that the initial closing will occur on or around March 22, 2024. Article content
Show less
Read more
Impact Snapshot
Event Time:
IONM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IONM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IONM alerts
High impacting Assure Holdings Corp. news events
Weekly update
A roundup of the hottest topics
IONM
News
- Assure Holdings Closes Sale of Certain Assets to MPOWERHealth [Yahoo! Finance]Yahoo! Finance
- Assure Holdings Closes Sale of Certain Assets to MPOWERHealth [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Assure Holdings Closes Sale of Certain Assets to MPOWERHealthGlobeNewswire
- Assure Holdings Enters into Agreement to Sell Certain of its Assets to MPOWERHealth [Yahoo! Finance]Yahoo! Finance
- Assure Holdings Enters into Agreement to Sell Certain of its Assets to MPOWERHealthGlobeNewswire
IONM
Earnings
- 8/14/23 - Beat
IONM
Sec Filings
- 4/26/24 - Form 10-K
- 4/26/24 - Form 425
- 4/26/24 - Form 8-K
- IONM's page on the SEC website