Neuronetics (STIM) and Greenbrook TMS Announce Definitive Agreement to Merge

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Neuronetics and Greenbrook TMS Announce Definitive Agreement to Merge

August 12, 2024 7:15 AM EDT

MALVERN, Pa. and TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (Neuronetics) and Greenbrook TMS Inc. (OTCMKTS: GBNHF) (Greenbrook) today announced that they have entered into a definitive arrangement agreement (the Definitive Agreement) in which Neuronetics will acquire all of the outstanding common shares of Greenbrook in an all-stock transaction.

This transaction brings together two of the leaders in the mental health space in the U.S., which will allow us to provide access to innovative care to patients suffering from mental health conditions. Leveraging the significant scale and... More