VisualMED Clinical Solutions Corp. entered into an agreement to acquire Health Technology Solutions, Inc. and Advanced Molecular Services Group, Inc. from Rennova Health, Inc.

VisualMED Clinical Solutions Corp. (OTCPK:VMCS) entered into an agreement to acquire Health Technology Solutions, Inc. and Advanced Molecular Services Group, Inc. from Rennova Health, Inc. on May 12, 2021. Once the agreement has closed VisualMed intends to complete a name change and these entities will operate as wholly owned subsidiaries of VisualMED.

As part of the agreement VisualMED is required to complete any outstanding filings necessary to be fully compliant with OTC reporting requirements before closing and the closing is subject to a number of customary conditions for a transaction of this nature and is intended to happen on or before May 31, 2020.