Vaso Corporation has reached an agreement with Nano-X Imaging Ltd. to sell its subsidiary, VasoHealthcare IT Corp. The deal, valued at up to $800,000, includes $200,000 payable at closing and up to $600,000 as an earnout based on the business's post-closing performance. VasoHealthcare IT, which provides imaging information technology to hospitals and healthcare providers, represented less than 5% of Vaso's total revenue. The proceeds from the sale are expected to be used to invest in other business lines and strategic initiatives. The completion of the sale is anticipated within a few weeks, subject to certain conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vaso Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-112966), on November 20, 2025, and is solely responsible for the information contained therein.