TRxADE HEALTH, Inc. (NASDAQ:MEDS) shares are skyrocketing on Tuesday.
On Friday, TRxADE HEALTH announced the sale of assets of subsidiary Trxade, Inc. to Micro Merchant Systems (MMS) for $22.5 million, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses, per an exchange filing.
Trxade operates a web-based market platform designed to enable trading among healthcare buyers and sellers of pharmaceuticals, accessories and services.
Subject to the terms and conditions of the Purchase Agreement, if, during the period beginning on the closing date and ending ...