1 unchanged sentence
and Use of Proceeds
−Removed: On May 24, 2022, the Board approved a share repurchase
−Removed: program to purchase up to $40 million of the Company’s common stock (the “Program”).
−Removed: The Program does not obligate the
−Removed: Company to acquire any specific number of shares and will expire on November 24, 2023, and the Program may be suspended, extended, modified
−Removed: or discontinued at any time.
−Removed: Under the Program, repurchases can be made using a variety of methods, which may include open market purchases,
−Removed: block trades, privately negotiated transactions and/or a non-discretionary trading plan, all in compliance with the rules of the SEC and
−Removed: other applicable legal requirements.
−Removed: The timing, manner, price and amount of any common stock repurchases under the Program are determined
−Removed: by the Company in its discretion and depend on a variety of factors, including legal requirements, price and economic and market conditions.
−Removed: No shares were repurchased during the three months ended September 30, 2022.
−Removed: As of September 30, 2022, $39.5 million remained available
−Removed: for share repurchases pursuant to the Program.
+Added: Unregistered Sales of Equity Securities
+Added: On March 31, 2023, Holdings acquired 51% of
+Added: the outstanding shares of common stock of Cardiac RMS, LLC (“CRMS”) in exchange for $10,000,000 closing consideration,
+Added: consisting of $9,000,000 in cash and $1,000,000 worth of shares of DocGo common stock issued in a private placement transaction.
+Added: further probable consideration of $15,822,190 is to be paid out over 36 months for the remaining 49% equity of CRMS, based on
+Added: CRMS’ attainment of full-year EBITDA targets.
+Added: CRMS provides cardiac implantable electronic device (“CIED”)
+Added: remote monitoring and virtual care management services.
+Added: The foregoing transaction did not involve any
+Added: underwriters, underwriting discounts or commissions, or any public offering.
+Added: Under the terms of the agreement, the Company issued and
+Added: sold the shares of DocGo common stock in a private placement to four accredited investors, in reliance on the exemption from registration
+Added: provided by Section 4(a)(2) of the Securities Act of 1933, as amended.
+Added: The Company relied on this exemption from registration based in
+Added: part as each accredited investor was aware of the terms of the transaction, the securities issued contained restrictive legends regarding
+Added: resale and transfer, and the transaction was not publicly solicited or advertised.
+Added: Share Repurchases
+Added: On May 24, 2022, the Company was authorized to
+Added: purchase up to $40 million of the Company’s common stock under a share repurchase program (the “Program”).
+Added: second and fourth quarter of 2022, the Company repurchased 536,839 shares of its common stock for $3,731,712.
+Added: These shares were subsequently
+Added: There were no shares repurchased during the first quarter of 2023.
+Added: The Program does not oblige the Company to acquire any specific
+Added: number of shares and will expire on November 24, 2023.
+Added: Under the Program, shares may be repurchased using a variety of methods, including
+Added: privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act
+Added: of 1934, as amended (the “Exchange Act”), as part of accelerated share repurchases, block trades and other methods.
+Added: manner, price and amount of any common stock repurchases under the Program are determined by the Company in its discretion and depend
+Added: on a variety of factors, including legal requirements, price and economic and market conditions.
Defaults Upon Senior Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.