Beneath the merger deal introduced in April, Clearday securities holders are entitled to obtain as much as 5M earnout shares if the corporate is worthwhile for a 12-month interval inside 5 years of the closing.
After the merger, shares of the mixed firm are anticipated to commerce on NYSE American. Clearday shares at the moment commerce OTC beneath the image CLRD.
Primarily based in San Antonio, Clearday affords robotic companion care and digital providers to assist monitor and look after aged sufferers. The corporate additionally runs care amenities for folks with cognitive deficit situations, akin to Alzheimer’s illness and dementia.