BOQI International Medical Inc

NASDAQ:BIMI   3:59:44 PM EDT
1.35
-0.03 (-2.17%)
Mergers / Acquisitions

BOQI International Medical Enters into Stock Purchase Agreement to Acquire Chongqing Guoyitang Hospital

Published: 12/09/2020 14:01 GMT
BOQI International Medical Inc (BIMI) - Boqi International Medical Enters Into Stock Purchase Agreement to Acquire Chongqing Guoyitang Hospital.
Boqi International Medical Inc - Aggregate Purchase Price for Guoyitang is Us$15.2 Million.
Boqi International Medical -2 Million Shares of Common Stock of Co and About Us$3.1 Million Will Be Paid As Partial Consideration for Purchase of Guoyitang.
Boqi International Medical Inc - Balance of Purchase Price is Subject to Post-closing Adjustments Based on Performance of Guoyitang in 2021 and 2022.