The TSX Venture Exchange has accepted for filing a disposition of the company's indirect 68-per-cent interest in Achieve Behavioral Health Greenville LLC pursuant to a membership interest purchase agreement dated Dec. 27, 2024, between the Arcpoint Group LLC, a wholly owned subsidiary of the company, and a non-arm's-length party.
Pursuant to the terms of the transaction, the purchaser will pay in aggregate $480,000 (U.S.) to acquire the company's indirect 68-per-cent interest in the entity, less $120,000 (U.S.) in recognition of net amounts owing between the parties.
For further details, please refer to the company's news release dated Dec. 30, 2024, and Jan. 3, 2025.
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