WELL Health Technologies Corp. (TSXV:WELL) entered into an agreement to acquire NerdEMR on November 14, 2018. As part of the transaction, WELL has also agreed to acquire Butterfly Medical Ltd which owns certain intellectual property relating to the growth and consolidation of EMR companies related to the OSCAR platform. The total consideration payable by WELL in connection with the acquisition of NerdEMR and Butterfly is approximately CAD 2.5 million which will be allocated as follows: (i) a payment upon closing of the transaction of CAD 2.07 million consisting of CAD 1.434375 million in cash and 1.275 million common shares at $0.50 per share (ii) a time-based earn-out of CAD 0.478125 million payable quarterly over 3 years. NerdEMR’s founders and team led by Mike Thompson and Pat Morphy will join WELL’s Technology team upon closing. In addition to customary closing conditions, the transaction is subject to approval from the TSX Venture Exchange. WELL Health Technologies Corp. (TSXV:WELL) completed the acquisition of NerdEMR for CAD 1.9 million on January 1, 2019. In consideration for the acquisition of NerdEMR and Butterfly, WELL Health paid an aggregate purchase price of CAD 2.55 million to the shareholders thereof, consisting of: (i) a cash payment upon closing of the transaction of CAD 1.275 (7.5% of which is subject to a holdback to be released after 3 months); (ii) the issuance of 1.275 common shares of WELL Health and; (iii) a time-based earn-out of CAD 0.64 million payable quarterly over 3 years.