Loading...
Market
Story
Commure Acquires Augmedix (AUGX) for $139 Million at $2.35/Share
Jul 19, 2024, 12:55 PM
Commure, Inc. has announced its acquisition of Augmedix, Inc. (NASDAQ: AUGX) for $2.35 per share in cash, valuing the deal at $139 million. The acquisition represents a 155.4% premium over Augmedix's previous share price. Augmedix, known for its AI-powered medical documentation solutions, aims to enhance its ambient documentation capabilities and bring more innovation to clinicians and health systems through this merger. This acquisition follows Commure's recent merger with Athelas into a $6 billion enterprise in late 2023. The deal is expected to close by July 25, with a tender offer expiring on Aug 15.
View original story
Similar markets
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Decrease by more than 10% • 25%
Change between -10% and 10% • 25%
Increase by 10% to 20% • 25%
Increase by more than 20% • 25%
Above 50% increase • 25%
10% to 50% increase • 25%
0% to 10% increase • 25%
Decrease • 25%
Above $25 • 25%
Between $20 and $25 • 25%
Between $15 and $20 • 25%
Below $15 • 25%
Below $0.50 • 25%
$0.50 - $0.99 • 25%
$1.00 - $1.49 • 25%
$1.50 and above • 25%
Yes • 50%
No • 50%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
Decrease • 25%
Less than $1 • 25%
$1 to $2 • 25%
$2 to $3 • 25%
More than $3 • 25%
Below $20 • 25%
$20 to $30 • 25%
$30 to $40 • 25%
Above $40 • 25%
Below $20 • 25%
$20 to $40 • 25%
$40 to $60 • 25%
Above $60 • 25%
Above $600 • 25%
$500 to $600 • 25%
$400 to $500 • 25%
Below $400 • 25%
Less than 10% • 33%
10% to 25% • 33%
More than 25% • 33%