Kovo HealthTech Corporation (TSXV:KOVO) acquired All Assets of Kairos Billing Solutions, LLC for $0.15 million on June 6, 2023. This acquisition will be financed under the Company's new debt facility of $7 million. Under the terms of the deal, Kairos Billing's Founder, Jamie Rowley has agreed to stay on as an employee of Kovo for at least one year to ensure ongoing client service excellence. The transaction is subject to compliance with the policies of the TSXV. The completion of the acquisition is subject to the satisfaction of a number of closing conditions, including receipt of the approval of the TSXV. The acquisition is expected to be immediately accretive to Kovo. Lawrence, Evans & Co., LLC acted as financial advisor to Kovo HealthTech Corporation (TSXV:KOVO) and related fees (less than $10,000) are associated with the transaction.

Kovo HealthTech Corporation (TSXV:KOVO) completed the acquisition of All Assets of Kairos Billing Solutions, LLC on June 6, 2023.