iCAD Announces Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote “FOR” Proposed Acquisition by RadNet, Inc.

Core Viewpoint - iCAD, Inc. is set to be acquired by RadNet, Inc. in an all-stock transaction, with independent proxy advisory firms recommending stockholders vote "FOR" the acquisition [1][3][4] Group 1: Acquisition Details - The acquisition aims to enhance the deployment of iCAD's ProFound AI breast health solutions within RadNet's DeepHealth portfolio, thereby improving access to early breast cancer detection [2] - The transaction has been reviewed by ISS and Glass Lewis, who concluded it is in the best interests of iCAD stockholders, citing a reasonable review of alternatives and the implied premium [3] Group 2: Board Recommendations - iCAD's Board of Directors unanimously recommends that stockholders vote "FOR" the merger and related matters at the upcoming Special Meeting [4] Group 3: Voting Information - Stockholders of record as of May 16, 2025, are eligible to vote, with instructions provided in the Proxy Statement [4]