CloudMD Securityholders Approve Go-Private Transaction with CPS Capital
TORONTO, June 27, 2024 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, Frankfurt: 6PH) (the “Company” or “CloudMD”), an innovative health services company transforming the delivery of care, is pleased to announce that its securityholders approved the special resolution authorizing the previously announced plan of arrangement (the “Arrangement”) with CPS Capital (through an affiliate) (the “Purchaser”). Pursuant to the Arrangement, the Purchaser will, among other things, acquire all of the issued and outstanding common shares of CloudMD (“Shares”). Each CloudMD shareholder (each, a “Shareholder”) will receive C$0.04 in cash for each Share held.
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