NexTel Medical to Acquire JumpstartRx and NueVistraMed for $8M in Cash and Preferred Stock, Adding $135K Monthly Revenue
NexTel Medical Corp. will pay $2 million cash and $6 million in preferred stock. The deals add $135,000 in monthly recurring revenue and close in 60 to 75 days.
prnewswire.comNexTel Medical Corp. ) (OTCPK: MAJI) executed Definitive Purchase Agreements on June 2, 2026, to acquire JumpstartRx and NueVistraMed for a total of $8 million. The company will pay $2 million in cash and $6 million in preferred stock.
A $1 million performance-based bonus is included if revenue targets are met, and claw-back provisions apply if operational benchmarks are missed. 00 per script.
Is headquartered in Orlando, Florida. The company plans to fund the transaction with proceeds from its LMMY shares, keeping the deal non-dilutive to existing MAJI shareholders. Closing is scheduled within 60 to 75 days and remains subject to delivery of audited financial statements for both JumpstartRx and NueVistraMed.
Supplemental Information on the transaction was filed on June 2, 2026. The acquisitions also position NexTel to launch its proprietary Maxasome™ product line through the combined clinic network.
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