DataMeds AI LOI Maps Out Asset Acquisitions and Licenses for 89.5% Stake Allocation
DataMeds AI signed a non-binding LOI with six companies to acquire assets, licenses, and a controlling stake in HLH. The deal, pending approvals, would give the recipients 89.5% ownership, with shares as consideration. Closing is contingent on definitive agreements and a liability cap of $2 million. The LOI also includes royalty and governance terms, with REBOOT's transactions potentially closing separately.

