Assure Holdings and Danam Health Reach Agreement for Business Merger

Danam Health and Assure Holdings Announce Merger Agreement: A Focus on Pharmaceutical and Healthcare Services

Danam Health and Assure Holdings have announced a merger agreement. According to the agreement, Danam will merge with a newly formed subsidiary of Assure. The merger will result in Danam becoming a wholly-owned subsidiary of Assure, which is an outsourced intraoperative neuromonitoring and remote neurology services provider.

Following the merger, Assure will change its name to Danam Health Holdings Corp., and the combined company will continue as a Nasdaq-listed company. The merged company’s focus will be on pharmaceutical and healthcare services.

The merger is structured as a stock-for-stock exchange, with all outstanding equity securities of Danam being exchanged for shares of Assure common stock. Current Danam stockholders are expected to own about 90% of the combined company, while current Assure stockholders are expected to own about 10% of the combined company. Both companies’ boards have approved the merger, which is expected to close in the second quarter. For further information, contact Denny Jacob at

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