An unknown buyer entered into share purchase agreement to acquire Assests of TeleMED Diagnostic Management Inc/TDM Telehealth Technology Ltd from Pluribus Technologies Corp. (TSXV:PLRB) for CAD 5.1 million on May 10, 2024. The consideration consists of (i) CAD4,170,000 in cash on the closing date of the Transaction (the "Closing Payment"); (ii) CAD400,000 in cash within ten business days of the fulfillment of certain conditions pursuant to the Purchase Agreement; (iii) CAD200,000 in cash on, or within fifteen business days of, the date in which the net tangible asset amount in respect of TeleMED and TDM is finalized pursuant to the terms of the Purchase Agreement (the "First Holdback Payment"); and (iv) CAD300,000 in cash on, or within fifteen business days of, the first anniversary of the closing date of the Transaction (the "Second Holdback Payment"). Upon closing of the Transaction, the Company paid to National Bank of Canada ("National Bank") from the Closing Payment, a total of CAD2,650,000 pursuant to the terms of the previously announced forbearance agreement dated January 19, 2024, as amended, between the Company and National Bank, relating to the secured credit agreement dated April 27, 2022, as amended, among the Company, certain of its subsidiaries and National Bank. Canaccord Genuity Corp acted as financial advisor to Pluribus Technologies Corp. (TSXV:PLRB).

An unknown buyer completed the acquisition of Assests of TeleMED Diagnostic Management Inc/TDM Telehealth Technology Ltd from Pluribus Technologies Corp. (TSXV:PLRB) on May 10, 2024.