WELL Health to Buy Majority Stake in HEALWELL AI Concurrent With Orion Health Closing

Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: "

WELL Health to Buy Majority Stake in HEALWELL AI Concurrent With Orion Health Closing

, MT Newswires - 7:54 AM ET 3/31/2025 default

07:54 AM EDT, 03/31/2025 (MT Newswires) -- WELL Health Technologies ( WHTCF ) on Monday said it will exercise its call option and acquire a majority stake in Healwell AI (AIDX.TO) concurrent with the closing of Healwell's proposed acquisition of New Zealand-based Orion Health Holdings on April 1.

Following the exercise of the call right, WELL expects to have a 37% economic interest and a 69% voting interest in Healwell on a non-diluted basis. Healwell is expected to contribute $160 million in revenue to WELL's consolidated financial statements over the next 12 months.

Separately, Well Health ( WHTCF ) over the weekend said it will be delaying the filing of its audited annual consolidated financial statements for the year ended Dec. 31, 2024.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.