Inspire veterinary partners announces non-binding acquisition proposal of vetsie.ai

Virginia beach, va / accesswire / august 27, 2024 / inspire veterinary partners, inc. (nasdaq:ivp) ("inspire" or the "company"), an owner and provider of pet health care services throughout the u.s., today announced that it has entered into a non-binding letter of intent (the "loi") with vetsie.ai, an artificial intelligence ("ai") software platform designed to empower veterinary professionals with quick, accurate access to critical information on patient conditions, treatments, and medications, to engage in diligence and initial negotiations regarding the terms of a potential transaction whereby inspire may acquire vetsie.ai in an all- stock transaction. this potential equity-only acquisition, if consummated, would be completed without the need for any operating capital infusion from inspire into the acquired business for the first fiscal year.
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