I wanted to share with you that this morning we announced the signing of an agreement which will result in WELL Health Technologies acquiring a controlling stake in Circle Medical. Due to WELL being publicly traded, we had to keep this news to a small group prior to today.
Subject to the terms of the transaction, stockholders and option holders will have the opportunity to sell 50% of their shares and/or options.
We expect that in the next two weeks, you will receive additional information and next steps from Wilmington Trust, our transfer agent for this transaction. Thank you for your continued support of Circle Medical as we embark on this next phase of our journey.
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