Mergers & Acquisitions
By The Online Investor Staff, updated Sat., Sep. 19, 7:52 AM
| This Slide: #50 of 100 |
Slide #50. Progressive Care Inc. — MyApps Corp.
Acquirer:
Progressive Care Inc. (RXMD)
Acquiree:
MyApps Corp.
Details:
Progressive Care Inc. (OTCQB: RXMD) ("Progressive Care" or the "Company"), a personalized healthcare services and technology company, is excited to announce that on September 1, 2020, the Company entered into a Letter of Intent (the "LOI") to acquire one hundred percent (100%) of MyApps Corp. ("MyApps") (myapps.solutions), a leading developer of healthcare software, which includes the emerging telehealth service app CallingDr (callingdr.com). In addition, Progressive Care will be immediately engaging MyApps to accelerate development of software platforms for ClearMetRX, Progressive Care's wholly-owned data management subsidiary, and its divisions. MyApps is a commercial-stage software developer on pace to record over $1 million in revenues in 2020.
MyApps Corp.: PRIVATE
