SmallCapPower CloudMD Software & Services Inc. (TSXV:DOC), a Canadian healthcare tech stock, moved up after announcing plans to acquire Snapclarity
Sean Mason | September 25, 2020 | SmallCapPower
Another acquisition was good news for investors in a Canadian healthcare tech stock Friday. Here’s some small stocks making big moves on Friday, September 25, 2020 (as of 4 pm EST):
CloudMD Software & Services Inc. (TSXV:DOC), a Canadian healthcare tech stock, gained 7% to $2.09 on Friday after announcing plans to acquire mental health digital platform Snapclarity Inc. by way of a “three-cornered amalgamation” for $3.35 million, consisting of $975,000 in cash and up to $2.375 million in CloudMD stock.