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Friday, March 17, 2023

Cosmos to Acquire ZipDoctor, Inc., a Telehealth Company, from American International

  Cosmos Health Inc. ("Cosmos Health" or "the Company") (Nasdaq:COSM), a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications and medical devices, announced today that it has entered into a definitive agreement to acquire ZipDoctor Inc. from American International Holdings Corp (AMIH) for an undisclosed sum. The Sale and Purchase Agreement ("SPA") was signed on March 17, 2023, and the transaction is expected to close on April 3, 2023.

ZipDoctor Inc., a wholly owned subsidiary of American International Holdings Corp. (AMIH), is a direct-to-consumer subscription-based telemedicine platform, that expects to provide its customers affordable, unlimited, 24/7 access to board certified physicians and licensed mental and behavioural health counsellors and therapists. ZipDoctor's online telemedicine platform will be available to customers across the United States and shall offer English and Spanish coverage with virtual visits taking place either via the phone or through a secured video chat platform. ZipDoctor customers will be able to subscribe through their website at www.ZipDoctor.co and will be only required to pay a monthly fee, which is determined based on whether they are an individual, a couple, or a family.

https://finance.yahoo.com/news/cosmos-health-inc-enters-definitive-174500241.html

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