Inspire Veterinary Partners shares are trading higher after the company announced it signed a non-binding letter of intent (LOI) to acquire AI platform Vetaie.ai in an all stock transaction.
Portfolio Pulse from Benzinga Newsdesk
Inspire Veterinary Partners shares rose following the announcement of a non-binding letter of intent to acquire AI platform Vetaie.ai in an all-stock transaction.
August 27, 2024 | 12:44 pm
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Inspire Veterinary Partners shares increased after announcing a non-binding LOI to acquire Vetaie.ai, an AI platform, in an all-stock transaction.
The announcement of a potential acquisition of Vetaie.ai, an AI platform, is seen as a strategic move for Inspire Veterinary Partners, likely enhancing its technological capabilities. The market reacted positively, as indicated by the rise in share price.
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