• Datametrex (DM) has closed its acquisition of Concierge Medical Consultants Inc.
  • Datametrex issued 4,411,764 common shares to Concierge shareholders at a price of $0.17 per common share
  • Concierge has become a wholly-owned operating subsidiary of Datametrex
  • Datametrex AI Limited is a technology-focused company whose mission is to provide tools that support companies in fulfilling their health and safety goals
  • Datametrex AI Limited (DM) opened trading at C$0.17 per share

Datametrex AI Limited (DM)  has closed its acquisition of 100% of Concierge Medical Consultants Inc.

Pursuant to the agreement, Datametrex issued 4,411,764 common shares to Concierge shareholders at a price of $0.17 per common share for an aggregate purchase price of $750,000.

No finder’s fee was payable in connection with the transaction.

“Hospital ER’s and health practitioners’ clinics are making a strong push for patients who have mild symptoms to use telehealth platforms during the pandemic crisis to help alleviate the strain on emergency rooms and doctors’ offices and I believe this will continue after the pandemic crisis is over,” commented Dr. Jibran Sharif, MD, founder, and CEO of Concierge.

“Telemedicine visits are booming as doctors and patients have adopted social distancing amid the coronavirus crisis, and with the concierge services Dr. Sharif provide, we envision an end to end turnkey solution for patient healthcare,” said Marshall Gunter, CEO of Datametrex, with respect to the closing of the Transaction.

Concierge has become a wholly-owned operating subsidiary of Datametrex.

Datametrex has appointed Andrew Ryu, Marshall Gunter, and Dr. Jibran Sharif as the new Board of Directors of Concierge, and Dr. Sharif is appointed as the President of Concierge.

The company has entered into an employment agreement with the founder and President of Concierge, Dr. Jibran Sharif. In addition to his role as President of Concierge, Dr. Jibran Sharif will become the Chief Medical Officer of Datametrex.

Concierge is a small group of board-certified practicing emergency physicians who think that urgent care does not just happen in an Emergency Room or your doctor’s office, it can happen anywhere at any time.

Datametrex AI Limited is a technology-focused company whose mission is to provide tools that support companies in fulfilling their health and safety goals.

Datametrex AI (DM) opened trading at C$0.17 per share.

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