Logiq acquires medical device company EVIMATE for $5M, entering the medical devices sector.

Logiq Inc. has agreed to acquire medical device company EVIMATE for $5 million, marking its entry into the medical devices sector. EVIMATE's AI-driven vital sign products provide comprehensive monitoring of key health metrics. The deal, expected to finalize by October 7, 2024, will integrate EVIMATE as a subsidiary and aims for a Nasdaq or NYSE listing by Q1 2025, enhancing Logiq's market presence and attracting more investors.

October 08, 2024
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