Healthcare Integrated Technologies, Inc. Signs Letter of Intent to Acquire Glass 8 Holdings, LLC in its Initial Move Toward Becoming a More Diversified Holding Company
The parties are expected to enter into a binding agreement pending the conclusion of HiTC’s due diligence process.
- The parties are expected to enter into a binding agreement pending the conclusion of HiTC’s due diligence process.
- The combined group to be acquired reported revenues of approximately $30 million USD for the year ending December 31, 2023.
- Glass 8 Holdings, LLC recently acquired the operations out of a bankruptcy proceeding.
- Following completion of the proposed transaction, the company is expected to have approximately 200 employees and will have 9 locations in Canada.