VANCOUVER, British Columbia, July 22, 2022 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a healthcare technology and innovative health services company transforming the delivery of care, announces that it has entered into a settlement agreement (the “Settlement Agreement”) with the former owners of VisionPros (the “Sellers”) following the previously announced review (the “Review”) of the Company’s acquisition of VisionPros, its online vision care platform. The settlement reduces the purchase consideration paid for VisionPros by $14.6 million and also removes any future earnout payments.
Read more at globenewswire.comCloudMD Finalizes Review and Settlement of the VisionPros Acquisition
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