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ARCPOINT CLOSES SALE OF OWNERSHIP STAKE IN NON-CORE ASSET
ARCARC Document Solutions(ARC) GlobeNewswire·2025-01-03 23:00

Group 1 - ARCpoint Inc. has completed the sale of its 68% ownership interest in Achieve Behavioral Health Greenville LLC for a total consideration of US480,000,whichincludesUS480,000, which includes US360,000 in cash and US$120,000 in settled amounts owed [1] - The transaction is classified as a Non-Arm's Length Transaction and a related party transaction under Multilateral Instrument 61-101, but it was exempt from formal valuation and minority shareholder approval requirements [2] - ARCpoint is a US-based healthcare company that utilizes technology and physical locations to provide accessible and cost-effective healthcare solutions with transparent pricing [3]