Common Contracts

CRH MEDICAL CORPORATION

March 17th, 2021

• Filed
  March 17th, 2021

On February 6, 2021, CRH Medical Corporation (“CRH” or the “Company”), entered into an Arrangement Agreement with WELL Health Technologies Corp. (“WELL”), WELL Health Acquisition Corp., a wholly owned subsidiary of WELL, and 1286392 B.C. Ltd, a wholly owned subsidiary of WELL (as amended by the Amending Agreement, dated as of March 18, 2021, and as it may be further amended from time to time, the “Arrangement Agreement”). Subject to the terms and conditions of the Arrangement Agreement, WELL (through its subsidiaries) will acquire all of the issued and outstanding common shares in the capital of the Company (“CRH shares”), pursuant to a plan of arrangement to be approved by the Supreme Court of British Columbia in accordance with Section 288 of the Business Corporations Act (British Columbia) (the “Arrangement”). If the Arrangement is completed, CRH shareholders will be entitled to receive US$4.00 in cash (without interest and less any applicable withholding taxes) for each CRH share t