Pathway Health Corp. (TSXV : PHC) entered into a memorandum of understanding to acquire Canadian Assets of Wellbeing Digital Sciences Inc on April 21, 2022. The completion of the completed transaction is subject to terms and conditions which include but are not limited to the execution of a set of definitive agreements, completion of satisfactory due diligence, the delivery and satisfactory review of the financial statements and the approval of the transaction by the boards of directors of all applicable entities.

The first closing is contemplated to include IRP and IVK on or before April 30, 2022, while the second closing is contemplated to include the remaining assets documented in the memorandum of understanding on or before June 30, 2022.