The facts are that IGMB reverse merged with Clinigence Holdings ...
August 9, 2019. SMITHTOWN, N.Y. & ATLANTA–(BUSINESS WIRE)–iGambit, Inc. (“iGambit” or “the Company”) (OTC: IGMB), a fully reporting publicly-held company that wholly owns HealthDatix, a healthcare technology company with a platform for optimizing annual wellness visits/health risk assessments (“AWV/HRA”) and chronic care management (“CCM”) as well as the BioDatix wearable device for remote patient monitoring, and Clinigence Holdings, Inc. (“Clinigence”), a pioneer in clinical quality reporting and population health analytics, today announced that they have signed a definitive merger agreement pursuant to which the companies will combine in a stock-for-stock merger transaction. The transaction was approved by the Board of Directors of both companies.
... which in turn merged with Nutex ...
On April 1, 2022, Nutex Health Inc. (formerly Clinigence Holdings, Inc.), a Delaware corporation (the “Company”), completed its business combination with Nutex Health Holdco LLC (“Nutex”) following the satisfaction or waiver of the conditions set forth in the Agreement and Plan of Merger, dated as of November 23, 2021, among the Company, Nutex Acquisition LLC (“Merger Sub”), Micro Hospital Holding LLC (solely for the purposes of certain sections), Nutex Health LLC (solely for the purposes of certain sections) and Thomas T. Vo, solely in his capacity as the representative of the equityholders of Nutex (the “Merger Agreement”), pursuant to which Merger Sub merged with and into Nutex, with Nutex surviving as a wholly owned subsidiary of the Company (the “Merger”).
What's important to realize is ...
Pursuant to the merger agreement, iGambit shall issue newly-issued shares of common stock, on a fully-diluted pro rata basis, to the equity holders of Clinigence by means of a reverse triangular merger in which a wholly owned subsidiary of iGambit shall merge with and into Clinigence, with Clinigence continuing as the surviving corporation (the “Merger”). If the closing of the Merger occurs (the “Closing”), the former Clinigence equityholders shall own 85% of iGambit’s issued and outstanding common stock and the former iGambit equityholders shall own 15% of iGambit’s issued and outstanding common stock, in each case on a fully-diluted, as converted basis as of immediately prior to the Closing (including options, warrants and other rights to acquire equity securities of iGambit).
iGambit is twice removed from NUTX and the current sp of NUTX has no relevance to the success of the iGambit dividend of 4 years ago.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
