Doximity, Inc. (NYSE:DOCS) agreed to acquire Amion for $82.5 million on February 4, 2022. The consideration will be paid $53.5 million in cash plus the potential for as much as $29 million in earnouts and fairness compensation over 4 years, subject to certain performance milestones. The Company will also issue new restricted stock unit awards worth approximately $5.0 million to certain employees joining the Company as part of the acquisition. The acquisition is subject to customary closing conditions. The transaction is expected to close April 1, 2022. As of February the acquisition is expected to close in the first quarter of fiscal 2023.
Doximity, Inc. (NYSE:DOCS) completed the acquisition of Amion for $77.5 million on April 1, 2022. The earnout consideration of up to $ 24 million, payable over the next four years.
Doximity, Inc. provides a digital platform for United States (U.S) medical professionals. The Company's cloud-based platform provides tools to its members, which help them to collaborate with colleagues, coordinate patient care, conduct virtual patient visits, stay up-to-date with medical news and research, and manage careers. The Company supports physicians in practice of medicine with mobile and clinical workflow tools, such as voice and video telehealth, secure messaging and digital faxing. The Company's platform offers marketing, hiring, and telehealth solutions. Its marketing solutions enable pharmaceutical and health system customers to get content, services, and peer connections to medical professionals through a variety of modules. Its hiring solutions provide digital recruiting capabilities to health systems and medical recruiting firms. Its telehealth solutions consist of software tools that include voice and video dialers, designed to connect patients with care providers.
DOXIMITY, INC. 
