Kovo HealthTech Corporation (TSXV:KOVO) will look for acquisitions. On April 24, 2023, Kovo HealthTech announced (i) the closing of the non-brokered private placement financing (the 'Private Placement') previously announced on March 22, 2023 and (ii) entering into a senior loan and security agreement with Avonlea Ventures #2 Inc. to establish a USD 7.0 million credit facility. 'AV's strategic investment in the company will be used to drive growth through our pipeline of strategic acquisitions,' explains the company's Chief Executive Officer Greg Noble.

'AV's partnership will also accelerate further development on Kovo's SaaS-based medical billing technology platforms,' said Noble.