- Leveljump Healthcare has acquired an additional 10.44 per cent of Real Time Medical Inc.
- Leveljump has agreed to pay the vendor 7127651 Canada Inc. a cash payment of $579,918 and 2,557,590 common shares of Leveljump
- Upon closing of the purchase agreement, Leveljump will own a 35.99 per cent interest in Real Time Medical Inc.
- Leveljump Healthcare is a Canadian leader in business-to-business (B2B) telehealth solutions
- LevelJump Healthcare Corp. (TSXV:JUMP) is unchanged on the day, trading at C$0.14 per share at 1:00 pm ET
Leveljump Healthcare has acquired an additional 10.44 per cent of Real Time Medical Inc.
Under the terms of the agreement, Leveljump has agreed to acquire all of the outstanding shares of 7127651 Canada Inc. (712), a private Nova Scotia-based federal corporation. 712 holds 1,784,364 common shares of Real Time Medical Inc.
Leveljump has agreed to pay the vendor $963,556.56, including a cash payment of $579,918 payable in 3 instalments over four months and 2,557,590 common shares.
Leveljump has also agreed to purchase a promissory note of Real Time Medical in the principal amount of $50,000 with any accrued interest.
Upon closing of the purchase agreement, Leveljump will own a 35.99 per cent interest in RTM.
Leveljump Healthcare Corp. is a Canadian leader in business-to-business (B2B) telehealth solutions.
LevelJump Healthcare Corp. (TSXV:JUMP) is unchanged on the day, trading at C$0.14 per share at 1:00 pm ET.