Pluribus Technologies Corporation sells TeleMED Diagnostic Management Inc. and TDM Telehealth Technology Ltd.

Counsel to Pluribus Technologies Corporation

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On May 10, 2024, Pluribus Technologies Corp. (“Pluribus”) announced that they have closed the sale of substantially all of the assets, tangible and intangible of its wholly-owned subsidiary TeleMED Diagnostic Management Inc, and all of the issued and outstanding fully-diluted shares of its wholly-owned subsidiary, TDM Telehealth Technology Ltd. for an aggregate purchase price of $5,070,000.

Pluribus is a technology company that is a value-based acquirer and operator of small, profitable business-to-business technology companies in a range of verticals and industries. Pluribus provides its acquisitions access to experienced sales and marketing resources, strategic partnership opportunities, a diverse portfolio of customers in different geographical markets and enabling technologies to create new revenue streams and provide the opportunity for these companies to grow in their respective markets.

Miller Thomson advised Pluribus with a team led by Myron Mallia-Dare and comprised of Luciano Aguilera, Brandon Meyer, Christopher Fallis (Corporate/ M&A), Kyla Mahar (Restructuring & Insolvency),  Mack Hosseinian (Capital Markets & Securities); Ron Choudhury (Tax), Greg Bush (Labour and Employment), Amanda Plastina (Financial Services), Karen Durell (IP/IT), Jena McGuire and Amanda Fulton (Law Clerk) and Karen Hakim (Student).

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