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Neptune Wellness Solutions Inc(NEPT-Q)

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Neptune Wellness Announces Letter of Intent to Acquire Leading Data-Marketing and Artificial Intelligence Company, Datasys, for Total Potential Consideration of $112 Million - Mon Nov 20, 2023

Total potential consideration for the acquisition is a combination of cash, restricted equity, a PIK seller note and a one-time earnout payment

Datasys generated revenues of $25.2 million and EBITDA of $9.1 million in 2022


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