Mergers & Acquisitions ·
On August 11, 2026, Mobile-health Network Solutions entered into a share purchase agreement to acquire a 19% equity…
MNDRMobile-health Network Solutions
On August 11, 2026, Mobile-health Network Solutions entered into a share purchase agreement to acquire a 19% equity stake in Jurong Day & Night Clinic Pte. Ltd., a Singapore-based licensed medical clinic. The transaction value is US$256,500, satisfied entirely through the issuance of 186,410 restricted ordinary shares to the seller, Ms. Ting Shih King. These shares are subject to a nine-month lock-up and no registration rights. Mobile-health will not obtain board representation or voting control, while the seller retains operating control and an 81% stake. The deal includes a twelve-month performance period requiring software integration within nine months; failure to meet targets allows the seller to repurchase the shares by returning the consideration shares. Closing is contingent on due diligence, regulatory approvals, and Nasdaq notification. Mobile-health Network Solutions operates in the digital health technology sector, providing healthcare management solutions.